Henderson Land Development Co. (OTCMKTS:HLDCY - Get Free Report) shares were down 4.8% during mid-day trading on Wednesday . The company traded as low as $3.24 and last traded at $3.24. Approximately 8,485 shares were traded during trading, a decline of 94% from the average daily volume of 137,096 shares. The stock had previously closed at $3.40.
Wall Street Analyst Weigh In
Separately, Hsbc Global Res raised Henderson Land Development from a "hold" rating to a "strong-buy" rating in a research note on Monday, June 30th.
Check Out Our Latest Analysis on HLDCY
Henderson Land Development Stock Down 5.4%
The company has a debt-to-equity ratio of 0.18, a current ratio of 2.39 and a quick ratio of 2.39. The firm has a 50-day moving average price of $3.19 and a 200-day moving average price of $2.91.
Henderson Land Development Increases Dividend
The firm also recently announced a dividend, which was paid on Friday, June 27th. Shareholders of record on Monday, June 9th were issued a dividend of $0.1473 per share. This is a boost from Henderson Land Development's previous dividend of $0.05. This represents a yield of 6.47%. The ex-dividend date of this dividend was Friday, June 6th.
About Henderson Land Development
(
Get Free Report)
Henderson Land Development Company Limited, an investment holding company, engages in the property development and investment activities in Hong Kong and Mainland China. The company operates through Property Development, Property Leasing, Department Stores and Supermarket-Cum-Stores Operations, Hotel Room Operation, Other Businesses, and Utility and Energy segments.
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