Shares of Henderson Land Development Co. (OTCMKTS:HLDCY - Get Free Report) 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 changing hands.
Analyst Upgrades and Downgrades
Separately, Hsbc Global Res raised Henderson Land Development from a "hold" rating to a "strong-buy" rating in a research report on Monday, June 30th.
Get Our Latest Research Report on HLDCY
Henderson Land Development Trading Up 1.2%
The business has a fifty day simple moving average of $3.28 and a two-hundred day simple moving average of $2.94. The company has a current ratio of 2.39, a quick ratio of 2.39 and a debt-to-equity ratio of 0.18.
Henderson Land Development Increases Dividend
The business also recently declared a dividend, which was paid on Friday, June 27th. Stockholders of record on Monday, June 9th were given a $0.1473 dividend. This is a boost from Henderson Land Development's previous dividend of $0.05. This represents a dividend yield of 6.47%. The ex-dividend date of this dividend was Friday, June 6th.
About Henderson Land Development
(
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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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