Shares of Hang Lung Group Ltd. (OTCMKTS:HNLGY - Get Free Report) hit a new 52-week high during trading on Tuesday . The company traded as high as $8.90 and last traded at $8.90, with a volume of 1332 shares changing hands. The stock had previously closed at $8.39.
Hang Lung Group Price Performance
The stock's 50-day moving average is $7.84 and its two-hundred day moving average is $7.22. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.71 and a current ratio of 0.71.
Hang Lung Group Increases Dividend
The company also recently declared a dividend, which was paid on Thursday, June 26th. Stockholders of record on Friday, May 9th were issued a dividend of $0.3991 per share. The ex-dividend date of this dividend was Thursday, May 8th. This represents a dividend yield of 7.39%. This is a positive change from Hang Lung Group's previous dividend of $0.12.
Hang Lung Group Company Profile
(
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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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