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Jefferies Financial Group Analysts Cut Earnings Estimates for BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY)

Defense World ·  Sep 5, 2022 01:41

BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY – Get Rating) – Equities research analysts at  Jefferies Financial Group reduced their FY2022 earnings per share (EPS) estimates for shares of BOC Hong Kong  in a research report issued on  Thursday, September 1st. Jefferies Financial Group analyst S. Wong now forecasts that the company will post earnings of $6.81 per share for the year, down from their previous forecast of $6.84. The consensus estimate for BOC Hong Kong's current full-year earnings is $6.84 per share.

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BOC Hong Kong Stock Performance

OTCMKTS BHKLY opened at $67.70 on Monday. BOC Hong Kong has a twelve month low of $57.47 and a twelve month high of $84.17. The company has a quick ratio of 0.68, a current ratio of 0.68 and a debt-to-equity ratio of 0.01. The stock has a 50-day moving average of $72.57 and a 200 day moving average of $74.41.

BOC Hong Kong Cuts Dividend

The firm also recently declared a  dividend, which was paid on Friday, July 22nd. Investors of record on Monday, July 4th were issued a $1.721 dividend. The ex-dividend date  was Friday, July 1st. This represents a yield of 3.62%.

About BOC Hong Kong

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BOC Hong Kong (Holdings) Limited, an investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, China, and internationally. The company operates through four segments: Personal Banking, Corporate Banking, Treasury, and Insurance. It offers savings, current, and time deposit accounts; mortgage plans; payrolls, corporate deposits, and E-cheques services.

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