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Hang Lung Group (OTCMKTS:HNLGY) Hits New 52-Week High - Here's What Happened

Hang Lung Group logo with Finance background

Hang Lung Group Ltd. (OTCMKTS:HNLGY - Get Free Report) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $8.80 and last traded at $8.80, with a volume of 2182 shares trading hands. The stock had previously closed at $8.17.

Hang Lung Group Price Performance

The company has a debt-to-equity ratio of 0.34, a current ratio of 0.71 and a quick ratio of 0.71. The company has a 50 day moving average price of $7.66 and a 200 day moving average price of $7.15.

Hang Lung Group Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, June 26th. Stockholders of record on Friday, May 9th were paid a $0.3991 dividend. The ex-dividend date of this dividend was Thursday, May 8th. This is an increase from Hang Lung Group's previous dividend of $0.12. This represents a dividend yield of 7.39%.

Hang Lung Group Company Profile

(Get Free Report)

Hang Lung Group Limited, an investment holding company, operates as a property developer in Hong Kong and the Mainland of China. The company operates through Property Leasing and Property Sales segments. It develops properties for sale and lease, such as large-scale commercial, office, and residential developments.

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