Free Trial

Hang Lung Group (OTCMKTS:HNLGY) Stock Price Up 7.7% - Still a Buy?

Hang Lung Group logo with Finance background

Hang Lung Group Ltd. (OTCMKTS:HNLGY - Get Free Report) shares were up 7.7% during trading on Thursday . The stock traded as high as $8.80 and last traded at $8.80. Approximately 2,184 shares traded hands during trading, an increase of 2,731% from the average daily volume of 77 shares. The stock had previously closed at $8.17.

Hang Lung Group Trading Up 7.7%

The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.71 and a current ratio of 0.71. The stock has a fifty day moving average price of $7.62 and a 200 day moving average price of $7.14.

Hang Lung Group Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, June 26th. Shareholders of record on Friday, May 9th were given a $0.3991 dividend. This represents a yield of 7.39%. This is a positive change 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

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

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

Featured Articles and Offers

Recent Videos

3 Hot Growth Stocks to Watch Right Now!
Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines