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Hang Seng Bank (OTCMKTS:HSNGY) Shares Pass Above Fifty Day Moving Average - Here's What Happened

Hang Seng Bank logo with Finance background

Hang Seng Bank Ltd. (OTCMKTS:HSNGY - Get Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $13.84 and traded as high as $14.56. Hang Seng Bank shares last traded at $14.43, with a volume of 8,950 shares.

Hang Seng Bank Stock Up 3.0%

The firm has a fifty day simple moving average of $13.91 and a 200 day simple moving average of $13.18. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.19.

Hang Seng Bank Cuts Dividend

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

Hang Seng Bank Company Profile

(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.

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