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Hang Lung Properties (OTCMKTS:HLPPY) Shares Gap Up - Time to Buy?

Hang Lung Properties logo with Finance background

Hang Lung Properties Ltd. (OTCMKTS:HLPPY - Get Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $4.72, but opened at $4.92. Hang Lung Properties shares last traded at $4.92, with a volume of 161 shares traded.

Hang Lung Properties Stock Up 0.6%

The firm's 50 day moving average price is $4.30 and its two-hundred day moving average price is $4.10. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.34.

Hang Lung Properties Increases Dividend

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

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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