Henderson Land Development Co. (OTCMKTS:HLDCY - Get Free Report) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $3.46 and traded as low as $3.34. Henderson Land Development shares last traded at $3.41, with a volume of 48,009 shares traded.
Analysts Set New Price Targets
Separately, Hsbc Global Res raised shares of Henderson Land Development from a "hold" rating to a "strong-buy" rating in a report on Monday, June 30th. One research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Strong Buy".
Check Out Our Latest Stock Report on HLDCY
Henderson Land Development Stock Performance
The business's fifty day moving average price is $3.46 and its 200 day moving average price is $3.17. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.39 and a quick ratio of 2.39.
Henderson Land Development Cuts Dividend
The firm also recently announced a dividend, which was paid on Wednesday, September 24th. Stockholders of record on Friday, September 5th were issued a $0.0513 dividend. This represents a dividend yield of 574.0%. The ex-dividend date of this dividend was Thursday, September 4th.
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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