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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

Key Points

  • Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) stock price crossed above its fifty-day moving average of $58.79, reaching a high of $63.33 during trading.
  • The company declared a quarterly dividend of $0.1646 per share, resulting in an annualized dividend yield of 1.0%.
  • Financial metrics for Pershing Square include a quick ratio of 2.01 and a debt-to-equity ratio of 0.18, indicating strong liquidity and low leverage.
  • Five stocks to consider instead of Pershing Square.

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF - Get Free Report)'s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $58.79 and traded as high as $63.33. Pershing Square shares last traded at $62.72, with a volume of 22,023 shares.

Pershing Square Stock Up 0.2%

The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.18. The firm has a fifty day simple moving average of $58.79 and a 200-day simple moving average of $53.29.

Pershing Square Dividend Announcement

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

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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