Hengan International Group (OTCMKTS:HEGIY) Shares Gap Up - Here's What Happened

Key Points

• Hengan International Group shares gapped up from a closing price of $16.38 to an opening price of $17.20, with trading volume reaching 1,998 shares.
• The company has announced an increased dividend of $0.4175, representing a substantial yield of 522.0%, to be paid on October 27th.
• Hengan International's financial health includes a debt-to-equity ratio of 0.01 and a current ratio of 1.16, indicating strong liquidity and low leverage.

Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY - ) shares gapped up prior to trading on Wednesday . The stock had previously closed at $16.38, but opened at $17.20. Hengan International Group shares last traded at $17.20, with a volume of 1,998 shares trading hands.

Hengan International Group Price Performance

The company has a debt-to-equity ratio of 0.01, a current ratio of 1.16 and a quick ratio of 0.99. The company has a 50 day moving average price of $15.84 and a 200 day moving average price of $14.67.

Hengan International Group Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, October 27th. Stockholders of record on Wednesday, September 10th will be paid a $0.4175 dividend. The ex-dividend date is Tuesday, September 9th. This represents a dividend yield of 522.0%. This is a boost 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.

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