Pershing Square (OTCMKTS:PSHZF) Sets New 12-Month High - Here's What Happened

Key Points

• Pershing Square Holdings stock reached a new 52-week high at $64.65 during mid-day trading, with a volume of 4,352 shares traded.
• The company announced a quarterly dividend of $0.1646 per share, payable on September 19th, representing a 1.0% annualized yield.
• Pershing Square has strong liquidity and low debt, indicated by a current ratio of 2.01 and a debt-to-equity ratio of 0.18.

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF - Get Free Report)'s share price reached a new 52-week high on Wednesday . The company traded as high as $64.65 and last traded at $64.65, with a volume of 4352 shares trading hands. The stock had previously closed at $64.40.

Pershing Square Price Performance

The business's 50-day simple moving average is $58.05 and its two-hundred day simple moving average is $52.86. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.18.

Pershing Square Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Friday, August 15th were given a dividend of $0.1646 per share. This represents a $0.66 annualized dividend and a dividend yield of 1.0%.

Pershing Square Company Profile

Pershing Square Holdings, Ltd. is a closed-ended balanced fund launched and managed by Pershing Square Capital Management, L.P. It invests in public equity and fixed income markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies.