Free Trial

Hang Lung Group (OTCMKTS:HNLGY) Shares Gap Down - Time to Sell?

Hang Lung Group logo with Finance background

Hang Lung Group Ltd. (OTCMKTS:HNLGY - Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $8.80, but opened at $8.39. Hang Lung Group shares last traded at $8.39, with a volume of 159 shares changing hands.

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 stock's 50-day moving average is $7.75 and its 200 day moving average is $7.19.

Hang Lung Group Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, June 26th. Investors of record on Friday, May 9th were given a $0.3991 dividend. This represents a dividend yield of 7.39%. This is an increase 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.

Featured Stories

Should You Invest $1,000 in Hang Lung Group Right Now?

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

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Growth Stock Winners to Watch And 3 to Avoid
3 Growth Stocks That Could Pop Before Summer Ends
3 Buy-the-Dip Stocks Poised to Rebound Soon

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines