Hang Lung Group Ltd. (OTCMKTS:HNLGY - Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as $8.90 and last traded at $8.90, with a volume of 1332 shares. The stock had previously closed at $8.39.
Hang Lung Group Stock Performance
The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.34. The business's 50-day moving average is $7.75 and its two-hundred day moving average is $7.19.
Hang Lung Group Increases Dividend
The company also recently disclosed a dividend, which was paid on Thursday, June 26th. Investors of record on Friday, May 9th were paid a dividend of $0.3991 per share. The ex-dividend date of this dividend was Thursday, May 8th. This represents a yield of 7.39%. This is a boost from Hang Lung Group's previous dividend of $0.12.
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
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
