Shares of Hang Lung Properties Ltd. (OTCMKTS:HLPPY - Get Free Report) 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 changing hands.
Hang Lung Properties Stock Performance
The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.72 and a current ratio of 0.72. The business's 50-day simple moving average is $4.21 and its two-hundred day simple moving average is $4.06.
Hang Lung Properties Increases Dividend
The firm also recently declared a dividend, which was paid on Thursday, June 26th. Shareholders of record on Friday, May 9th were given a dividend of $0.2374 per share. This represents a yield of 7.44%. This is a boost from Hang Lung Properties's previous dividend of $0.07. The ex-dividend date was Thursday, May 8th.
Hang Lung Properties Company Profile
(
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.
Featured Stories
Before you consider Hang Lung Properties, 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 Properties wasn't on the list.
While Hang Lung Properties currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.