Shares of Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $6.17, but opened at $5.91. Ck Hutchison shares last traded at $5.98, with a volume of 42,628 shares changing hands.
Analyst Ratings Changes
Separately, UBS Group raised Ck Hutchison from a "hold" rating to a "strong-buy" rating in a research report on Thursday, March 13th.
View Our Latest Stock Report on CKHUY
Ck Hutchison Stock Performance
The business has a 50 day moving average price of $5.68 and a 200 day moving average price of $5.45. The company has a quick ratio of 1.28, a current ratio of 1.47 and a debt-to-equity ratio of 0.35.
Ck Hutchison Increases Dividend
The business also recently announced a dividend, which will be paid on Friday, June 27th. Shareholders of record on Thursday, May 29th will be paid a dividend of $0.1559 per share. The ex-dividend date is Wednesday, May 28th. This is a positive change from Ck Hutchison's previous dividend of $0.07. This represents a yield of 3.96%.
About Ck Hutchison
(
Get Free Report)
CK Hutchison Holdings Limited, an investment holding company, primarily operates in ports and related services, retail, infrastructure, and telecommunications businesses in Hong Kong and internationally. The company operates through four segments: Ports and Related Services, Retail, Infrastructure, and Telecommunications.
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