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Hang Lung Properties (OTCMKTS:HLPPY) Shares Gap Down - Should You Sell?

Hang Lung Properties logo with Finance background

Hang Lung Properties Ltd. (OTCMKTS:HLPPY - Get Free Report) shares gapped down prior to trading 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 Up 1.9%

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 firm's 50-day simple moving average is $4.23 and its two-hundred day simple moving average is $4.08.

Hang Lung Properties Increases Dividend

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

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.

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