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Henderson Land Development (OTCMKTS:HLDCY) Shares Gap Up - What's Next?

Henderson Land Development logo with Finance background

Henderson Land Development Co. (OTCMKTS:HLDCY - Get Free Report)'s share price gapped up prior to trading on Tuesday . The stock had previously closed at $3.33, but opened at $3.51. Henderson Land Development shares last traded at $3.38, with a volume of 1,528 shares trading hands.

Analyst Ratings Changes

Separately, Hsbc Global Res upgraded Henderson Land Development from a "hold" rating to a "strong-buy" rating in a research report on Monday, June 30th.

Read Our Latest Analysis on HLDCY

Henderson Land Development Price Performance

The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.39 and a current ratio of 2.39. The company has a 50-day moving average of $3.28 and a 200 day moving average of $2.94.

Henderson Land Development Increases Dividend

The company also recently declared a dividend, which was paid on Friday, June 27th. Investors of record on Monday, June 9th were given a dividend of $0.1473 per share. This represents a dividend yield of 6.47%. This is a boost from Henderson Land Development's previous dividend of $0.05. The ex-dividend date of this dividend was Friday, June 6th.

Henderson Land Development Company Profile

(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.

Further Reading

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