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.
Read More
Before you consider Hang Lung Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hang Lung Group wasn't on the list.
While Hang Lung Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.