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Shanghai Industrial (OTCMKTS:SGHIY) Stock Price Crosses Below 50 Day Moving Average - Should You Sell?

Shanghai Industrial logo with Multi-Sector Conglomerates background

Shanghai Industrial Holdings Ltd. (OTCMKTS:SGHIY - Get Free Report)'s share price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $14.73 and traded as low as $14.13. Shanghai Industrial shares last traded at $14.13, with a volume of 1 shares traded.

Shanghai Industrial Trading Up 4.7%

The company has a current ratio of 1.64, a quick ratio of 1.01 and a debt-to-equity ratio of 0.51. The stock has a 50-day moving average price of $14.73 and a 200 day moving average price of $14.61.

Shanghai Industrial Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 6th will be issued a dividend of $0.6504 per share. This represents a dividend yield of 7.9%. This is a positive change from Shanghai Industrial's previous dividend of $0.52. The ex-dividend date is Thursday, June 5th.

Shanghai Industrial Company Profile

(Get Free Report)

Shanghai Industrial Holdings Limited, an investment holding company, engages in the infrastructure and environmental protection, real estate, consumer products, and comprehensive healthcare operations businesses in Hong Kong, China, rest of Asia, and internationally. The company invests in toll road projects and water services/clean energy businesses.

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