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Pershing Square (OTCMKTS:PSHZF) Shares Gap Down - Here's What Happened

Pershing Square logo with Finance background

Shares of Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $56.50, but opened at $55.23. Pershing Square shares last traded at $56.30, with a volume of 2,681 shares traded.

Pershing Square Stock Performance

The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 0.18. The business has a 50-day moving average of $52.03 and a two-hundred day moving average of $50.69.

Pershing Square Increases Dividend

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

About Pershing Square

(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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