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Hang Seng Bank (OTCMKTS:HSNGY) Hits New 52-Week High - Should You Buy?

Hang Seng Bank logo with Finance background

Hang Seng Bank Ltd. (OTCMKTS:HSNGY - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $15.42 and last traded at $15.40, with a volume of 3531 shares trading hands. The stock had previously closed at $15.02.

Hang Seng Bank Trading Up 0.7%

The company has a 50-day moving average of $14.48 and a 200-day moving average of $13.49. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.74 and a current ratio of 0.74.

Hang Seng Bank Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, June 16th. Stockholders of record on Friday, May 16th were issued a $0.1476 dividend. This represents a dividend yield of 5.7%. The ex-dividend date was Thursday, May 15th.

About Hang Seng Bank

(Get Free Report)

Hang Seng Bank Limited, together with its subsidiaries, provides various banking and related financial services to individual, corporate, commercial, small and medium-sized enterprises, and institutional customers in Hong Kong, the Mainland of China, and internationally. It operates through five segments: Wealth and Personal Banking, Commercial Banking, Global Banking, Global Markets, and Other.

Further Reading

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