Shares of Hang Lung Group Ltd. (OTCMKTS:HNLGY - Get Free Report) were up 1.5% during mid-day trading on Wednesday . The company traded as high as $9.24 and last traded at $9.24. Approximately 601 shares traded hands during trading, an increase of 554% from the average daily volume of 92 shares. The stock had previously closed at $9.10.
Hang Lung Group Price Performance
The stock has a 50-day moving average price of $8.49 and a 200-day moving average price of $7.50. 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 Cuts Dividend
The company also recently announced a dividend, which will be paid on Monday, October 6th. Investors of record on Friday, August 15th will be paid a dividend of $0.1138 per share. This represents a dividend yield of 557.0%. The ex-dividend date is Thursday, August 14th.
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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