China Intl Cap Upgrades BOC Hong Kong (OTCMKTS:BHKLY) to Strong-Buy

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

BOC Hong Kong Stock Performance

BOC Hong Kong stock opened at $133.27 on Monday. BOC Hong Kong has a 52-week low of $92.30 and a 52-week high of $134.62. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.24. The firm’s fifty day moving average is $123.61 and its 200 day moving average is $117.41.

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.