Hang Lung Properties Ltd. (OTCMKTS:HLPPY - Get Free Report) shares rose 11.8% during trading on Thursday . The company traded as high as $4.75 and last traded at $4.75. Approximately 8,287 shares were traded during mid-day trading, a decline of 50% from the average daily volume of 16,581 shares. The stock had previously closed at $4.25.
Hang Lung Properties Trading Down 1.3%
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 business has a 50-day moving average price of $4.07 and a 200 day moving average price of $4.02.
Hang Lung Properties Increases Dividend
The business also recently declared a dividend, which was paid on Thursday, June 26th. Stockholders of record on Friday, May 9th were given a $0.2374 dividend. This is a boost from Hang Lung Properties's previous dividend of $0.07. This represents a dividend yield of 7.44%. The ex-dividend date was Thursday, May 8th.
About Hang Lung Properties
(
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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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