BOC Hong Kong (OTCMKTS:BHKLY) Hits New 52-Week High – What’s Next?

Shares of BOC Hong Kong Ltd. (OTCMKTS:BHKLYGet Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $128.00 and last traded at $128.00, with a volume of 150 shares traded. The stock had previously closed at $123.9450.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised BOC Hong Kong from a “neutral” rating to a “buy” rating in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, BOC Hong Kong presently has an average rating of “Buy”.

Read Our Latest Research Report on BHKLY

BOC Hong Kong Trading Up 3.5%

The business has a 50-day moving average of $117.20 and a 200-day moving average of $108.83.

BOC Hong Kong Company Profile

(Get Free Report)

BOC Hong Kong (OTCMKTS: BHKLY) is a Hong Kong-based banking group that operates as the Hong Kong subsidiary of Bank of China. The group is a licensed bank and one of the territory’s note-issuing banks, participating in the issuance of Hong Kong dollar banknotes. It provides a broad range of banking and financial services to retail, corporate and institutional clients, positioning itself as a major participant in Hong Kong’s financial services sector.

BOC Hong Kong’s businesses include retail banking services such as deposit accounts, mortgages, personal loans and credit cards, together with wealth management and private banking solutions.

See Also

Receive News & Ratings for BOC Hong Kong Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BOC Hong Kong and related companies with MarketBeat.com's FREE daily email newsletter.