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Hang Lung Group (OTCMKTS:HNLGY) Reaches New 1-Year High - Time to Buy?

Hang Lung Group logo with Finance background

Hang Lung Group Ltd. (OTCMKTS:HNLGY - Get Free Report)'s stock price reached 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 changing hands. The stock had previously closed at $8.17.

Hang Lung Group Stock 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 firm's fifty day simple moving average is $7.59 and its 200 day simple moving average is $7.12.

Hang Lung Group Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, June 26th. Shareholders of record on Friday, May 9th were issued a $0.3991 dividend. This represents a yield of 7.39%. This is a positive change from Hang Lung Group's previous dividend of $0.12. The ex-dividend date was Thursday, May 8th.

About Hang Lung Group

(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.

Further Reading

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