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Shanghai Industrial (OTCMKTS:SGHIY) Stock Price Crosses Below Fifty Day Moving Average - Here's Why

Shanghai Industrial logo with Multi-Sector Conglomerates background

Shanghai Industrial Holdings Ltd. (OTCMKTS:SGHIY - Get Free Report)'s share price passed 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.

Shanghai Industrial Stock Performance

The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.01 and a current ratio of 1.64. The business's 50 day simple moving average is $14.72 and its 200-day simple moving average is $14.58.

Shanghai Industrial Increases Dividend

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

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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