Hongkong Land Holdings Ltd. (
OTCMKTS:HNGKY -
Get Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $33.30, but opened at $32.27. Hongkong Land shares last traded at $31.89, with a volume of 1,828 shares trading hands.
Hongkong Land Stock Down 3.6%
The company has a current ratio of 1.15, a quick ratio of 1.30 and a debt-to-equity ratio of 0.17. The stock's 50-day simple moving average is $31.76 and its two-hundred day simple moving average is $27.52.
Hongkong Land Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Wednesday, October 22nd. Investors of record on Monday, August 25th will be given a dividend of $0.24 per share. This represents a yield of 328.0%. The ex-dividend date is Friday, August 22nd.
Hongkong Land Company Profile
(
Get Free Report)
Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. The company operates in two segments, Investment Properties and Development Properties. It owns and manages approximately 850,000 square meters of office and luxury retail assets primarily in Hong Kong, Singapore, Beijing, and Jakarta.
Further Reading
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