BOC Hong Kong Ltd. (OTCMKTS:BHKLY - Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $87.68, but opened at $91.00. BOC Hong Kong shares last traded at $90.81, with a volume of 408 shares traded.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group cut shares of BOC Hong Kong from a "strong-buy" rating to a "neutral" rating in a research report on Tuesday, April 15th.
View Our Latest Research Report on BOC Hong Kong
BOC Hong Kong Trading Up 3.3%
The company has a debt-to-equity ratio of 0.23, a current ratio of 0.70 and a quick ratio of 0.70. The firm's 50 day simple moving average is $87.06 and its 200-day simple moving average is $76.60.
BOC Hong Kong Increases Dividend
The firm also recently declared a dividend, which will be paid on Thursday, July 24th. Shareholders of record on Thursday, July 3rd will be paid a $3.6389 dividend. This is a positive change from BOC Hong Kong's previous dividend of $0.73. This represents a yield of 6.43%. The ex-dividend date of this dividend is Wednesday, July 2nd.
BOC Hong Kong Company Profile
(
Get Free Report)
BOC Hong Kong (Holdings) Limited, an investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, China, and internationally. The company operates through four segments: Personal Banking, Corporate Banking, Treasury, and Insurance. It offers savings, current, and time deposit accounts; mortgage plans; corporate deposits, and payroll and e-cheques services.
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