Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY - Get Free Report)'s stock price gapped down prior to trading 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.
Wall Street Analyst Weigh In
Separately, UBS Group raised shares of Ck Hutchison from a "hold" rating to a "strong-buy" rating in a research report on Thursday, March 13th.
Read Our Latest Research Report on Ck Hutchison
Ck Hutchison Trading Up 3.1%
The company has a quick ratio of 1.28, a current ratio of 1.47 and a debt-to-equity ratio of 0.35. The stock has a fifty day simple moving average of $5.69 and a 200-day simple moving average of $5.45.
Ck Hutchison Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, June 27th. Stockholders of record on Thursday, May 29th will be given a $0.1559 dividend. This represents a dividend yield of 3.96%. This is a boost from Ck Hutchison's previous dividend of $0.07. The ex-dividend date of this dividend is Wednesday, May 28th.
About Ck Hutchison
(
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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.
Further Reading
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