BOC Hong Kong (OTCMKTS:BHKLY) Sets New 52-Week High – Here’s Why

BOC Hong Kong Ltd. (OTCMKTS:BHKLY – Get Free Report)’s share price reached a new 52-week high on Thursday . The company traded as high as $134.04 and last traded at $134.04, with a volume of 163 shares. The stock had previously closed at $132.80.

Analyst Upgrades and Downgrades

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 analyst has rated the stock with a Buy rating, Based on data from MarketBeat, BOC Hong Kong currently has an average rating of “Buy”.

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Read Our Latest Stock Analysis on BHKLY

BOC Hong Kong Stock Up 0.9%

The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 0.24. The company’s 50-day simple moving average is $119.73 and its 200 day simple moving average is $113.15.

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.

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