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

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 traded.

Hang Seng Bank Stock Down 0.5%

The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.74 and a current ratio of 0.74. The company has a fifty day moving average of $14.06 and a two-hundred day moving average of $13.22.

Hang Seng Bank Cuts Dividend

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

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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