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Hang Seng Bank (OTCMKTS:HSNGY) Shares Gap Down - Here's What Happened

Hang Seng Bank logo with Finance background

Shares of Hang Seng Bank Ltd. (OTCMKTS:HSNGY - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $15.23, but opened at $14.74. Hang Seng Bank shares last traded at $15.16, with a volume of 593 shares trading hands.

Hang Seng Bank Stock Down 0.1%

The firm has a 50 day moving average price of $14.12 and a 200 day moving average price of $13.25. 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 business also recently declared a dividend, which was paid on Monday, June 16th. Shareholders of record on Friday, May 16th were given a $0.1476 dividend. This represents a yield of 5.7%. The ex-dividend date of this dividend 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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