Hang Lung Properties (OTCMKTS:HLPPY) Shares Gap Down - Time to Sell?

Hang Lung Properties Ltd. (OTCMKTS:HLPPY - Get Free Report)'s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $5.03, but opened at $4.81. Hang Lung Properties shares last traded at $4.81, with a volume of 412 shares traded.

Hang Lung Properties Trading Down 1.2%

The company has a debt-to-equity ratio of 0.34, a current ratio of 0.72 and a quick ratio of 0.72. The stock's fifty day moving average is $4.22 and its two-hundred day moving average is $4.07.

Hang Lung Properties Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, June 26th. Stockholders of record on Friday, May 9th were paid a $0.2374 dividend. The ex-dividend date of this dividend was Thursday, May 8th. This is an increase from Hang Lung Properties's previous dividend of $0.07. This represents a dividend yield of 7.44%.

About Hang Lung Properties

Hang Lung Properties Limited, an investment holding company, engages in the property investment, development, and management activities in Hong Kong and Mainland China. It operates through Property Leasing and Property Sales segments. The company is involved in the development, sale, and leasing of properties.