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
(
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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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