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Hang Lung Properties (OTCMKTS:HLPPY) Shares Gap Down - What's Next?

Hang Lung Properties logo with Finance background

Hang Lung Properties Ltd. (OTCMKTS:HLPPY - Get Free Report) shares 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 trading hands.

Hang Lung Properties Stock Performance

The business's 50 day moving average price is $4.22 and its two-hundred day moving average price is $4.07. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.72 and a current ratio of 0.72.

Hang Lung Properties Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, June 26th. Investors of record on Friday, May 9th were paid a dividend of $0.2374 per share. The ex-dividend date was Thursday, May 8th. This represents a yield of 7.44%. This is a positive change from Hang Lung Properties's previous dividend of $0.07.

About Hang Lung Properties

(Get Free Report)

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.

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