BOC Hong Kong (OTCMKTS:BHKLY) Stock Rating Upgraded by China Intl Cap

BOC Hong Kong (OTCMKTS:BHKLY) was upgraded by investment analysts at China Intl Cap to a “strong-buy” rating in a research report issued to clients and investors on Monday, Zacks reports.

BOC Hong Kong Stock Performance

OTCMKTS BHKLY opened at $133.27 on Monday. The company has a fifty day moving average of $123.61 and a two-hundred day moving average of $117.41. BOC Hong Kong has a 1 year low of $92.30 and a 1 year high of $134.62. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.68 and a current ratio of 0.68.

BOC Hong Kong Company Profile

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.