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Pershing Square (OTCMKTS:PSHZF) Stock Price Crosses Above 50 Day Moving Average - Here's What Happened

Pershing Square logo with Finance background

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF - Get Free Report)'s share price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $49.75 and traded as high as $52.52. Pershing Square shares last traded at $52.50, with a volume of 11,689 shares trading hands.

Pershing Square Price Performance

The firm's 50-day simple moving average is $50.06 and its 200 day simple moving average is $50.24. 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 Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, June 20th. Shareholders of record on Monday, May 19th were given a dividend of $0.1646 per share. This is a boost from Pershing Square's previous dividend of $0.15. The ex-dividend date of this dividend was Friday, May 16th. This represents a dividend yield of 1.31%.

Pershing Square Company Profile

(Get Free Report)

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.

Further Reading

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