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Hang Seng Bank (OTCMKTS:HSNGY) Stock Passes Above 50 Day Moving Average - Time to Sell?

Hang Seng Bank logo with Finance background

Hang Seng Bank Ltd. (OTCMKTS:HSNGY - Get Free Report)'s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-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 changing hands.

Hang Seng Bank Stock Down 2.3%

The stock has a 50-day moving average price of $13.87 and a two-hundred day moving average price of $13.14. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.19.

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 given a dividend of $0.1476 per share. The ex-dividend date was Thursday, May 15th. This represents a dividend yield of 5.7%.

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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