Hang Lung Group Ltd. (OTCMKTS:HNLGY - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Tuesday . The stock 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 Price Performance
The firm's fifty day simple moving average is $7.88 and its 200 day simple moving average is $7.23. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.34.
Hang Lung Group Increases Dividend
The firm also recently disclosed a dividend, which was paid on Thursday, June 26th. Shareholders of record on Friday, May 9th were given a dividend of $0.3991 per share. The ex-dividend date was Thursday, May 8th. This is a positive change from Hang Lung Group's previous dividend of $0.12. This represents a yield of 7.39%.
About Hang Lung Group
(
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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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