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Jiangsu Expressway (OTCMKTS:JEXYY) Shares Gap Down - Time to Sell?

Jiangsu Expressway logo with Construction background

Shares of Jiangsu Expressway Co. (OTCMKTS:JEXYY - Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $29.00, but opened at $26.04. Jiangsu Expressway shares last traded at $26.04, with a volume of 948 shares trading hands.

Jiangsu Expressway Stock Performance

The stock's 50-day simple moving average is $25.89 and its two-hundred day simple moving average is $23.77.

Jiangsu Expressway Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, August 11th. Shareholders of record on Friday, July 4th will be given a dividend of $1.2083 per share. This is a boost from Jiangsu Expressway's previous dividend of $1.15. The ex-dividend date is Thursday, July 3rd. This represents a yield of 4.17%.

About Jiangsu Expressway

(Get Free Report)

Jiangsu Expressway Company Limited engages in investment, construction, operation, and management of toll roads and bridges in the People's Republic of China. The company operates the Jiangsu section of Shanghai-Nanjing Expressway, Ningchang Expressway, Zhenli Expressway, Guangjing Expressway, Xicheng Expressway, Xiyi Expressway, Zhendan Expressway, Yanjiang Expressway, Jiangyin Bridge, Sujiahang Expressway, Changyi Expressway, Yichang Expressway, and Wufengshan Bridge.

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