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Pershing Square (OTCMKTS:PSHZF) Share Price Crosses Above Fifty Day Moving Average - What's Next?

Pershing Square logo with Finance background

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF - Get Free Report)'s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty 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 changing hands.

Pershing Square Stock Up 0.4%

The business's fifty day moving average is $49.75 and its 200-day moving average is $50.19. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.01 and a quick ratio of 2.01.

Pershing Square Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, June 20th. Stockholders of record on Monday, May 19th will be paid a $0.1646 dividend. The ex-dividend date of this dividend is Friday, May 16th. This is an increase from Pershing Square's previous dividend of $0.15. 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.

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