BOC Hong Kong (OTCMKTS:BHKLY) Shares Gap Up – Here’s What Happened

BOC Hong Kong Ltd. (OTCMKTS:BHKLY)’s stock price gapped up before the market opened on Thursday. The stock had previously closed at $121.8270, but opened at $130.87. BOC Hong Kong shares last traded at $130.87, with a volume of 255 shares.

Wall Street Analyst Weigh In

Separately, China Intl Cap raised shares of BOC Hong Kong to a “strong-buy” rating in a research report on Monday, August 31st. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. According to data from MarketBeat, BOC Hong Kong has an average rating of “Strong Buy”.

BOC Hong Kong Stock Performance

The firm’s 50-day moving average price is $129.85 and its 200 day moving average price is $118.76.

BOC Hong Kong Company Profile

BOC Hong Kong (Holdings) Limited is the holding company of Bank of China (Hong Kong) Limited, a major commercial banking group based in Hong Kong. Through its principal subsidiary, the group provides personal and business banking services, including deposits, lending, mortgages, credit cards, wealth management, insurance distribution and payment services.

The group also serves corporate and institutional customers through trade finance, cash management, syndicated lending, investment banking, foreign exchange, treasury and securities-related services.