BOC Hong Kong (BHKLY) Expected to Release Earnings on Friday

BOC Hong Kong (OTCMKTS:BHKLY) is expected to be releasing its results after the market closes on Friday, August 28th. Analysts expect BOC Hong Kong to post earnings of $5.57 per share and revenue of $5.0495 billion for the quarter.

BOC Hong Kong Stock Performance

BHKLY stock opened at $127.75 on Thursday. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.68 and a quick ratio of 0.68. The company’s 50-day moving average price is $123.00 and its 200 day moving average price is $116.85. BOC Hong Kong has a 52 week low of $88.96 and a 52 week high of $134.62.

Analyst Upgrades and Downgrades

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

About BOC Hong Kong

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.