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Hong Kong Television Network (OTCMKTS:HKTVY) Stock Crosses Above 200-Day Moving Average - Time to Sell?

Hong Kong Television Network logo with Consumer Discretionary background

Shares of Hong Kong Television Network Ltd. (OTCMKTS:HKTVY - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $3.85 and traded as high as $4.00. Hong Kong Television Network shares last traded at $4.00, with a volume of 459 shares changing hands.

Hong Kong Television Network Stock Up 1.5%

The stock's fifty day simple moving average is $3.84 and its 200-day simple moving average is $3.86.

Hong Kong Television Network Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, June 16th. Stockholders of record on Monday, May 26th were issued a dividend of $0.9298 per share. This is a boost from Hong Kong Television Network's previous dividend of $0.18. This represents a dividend yield of 1,724.0%. The ex-dividend date of this dividend was Friday, May 23rd.

Hong Kong Television Network Company Profile

(Get Free Report)

Hong Kong Technology Venture Company Limited, together with its subsidiaries, engages in the ecommerce and technology businesses in Hong Kong. The company is involved in the online shopping mall operation, multimedia production, and other related services; and research and development, and provision of technology solutions as a service, such as digital retailing and retail store automation.

Further Reading

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