Hengan International Group (OTCMKTS:HEGIY) Reaches New 52-Week High - Should You Buy?

Key Points

• Hengan International Group's stock reached a new 52-week high of $17.72, with a trading volume of 10,167 shares.
• The company announced an increased dividend of $0.4175, offering a remarkable yield of 522.0%, with the payment date set for October 27th.
• Hengan International Group maintains a low debt-to-equity ratio of 0.01, indicating a stable financial position.

Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY - )'s stock price reached a new 52-week high on Thursday . The company traded as high as $17.72 and last traded at $17.72, with a volume of 10167 shares traded. The stock had previously closed at $17.49.

Hengan International Group Stock Performance

The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.99 and a current ratio of 1.16. The stock's 50 day moving average price is $16.10 and its two-hundred day moving average price is $14.78.

Hengan International Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, October 27th. Investors of record on Wednesday, September 10th will be paid a $0.4175 dividend. This represents a yield of 522.0%. The ex-dividend date of this dividend is Tuesday, September 9th. This is a positive change from Hengan International Group's previous dividend of $0.41.

Hengan International Group Company Profile

Hengan International Group Company Limited, an investment holding company, manufactures, distributes, and sells personal hygiene products in the People's Republic of China and internationally. The company offers pocket handkerchiefs, box and soft tissue papers, kitchen towels/papers, toilet rolls, first-aid products, enema, garbage and food bags, preservation papers, table cloths and disposable toilet brush, sanitary napkins, pantiliners, overnight pants, wet tissues, maternal and child care products, adult and baby diapers, and cleansing products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.