Shangri-La Asia Ltd. (OTCMKTS:SHALY - Get Free Report)'s stock price fell 2.4% during mid-day trading on Friday . The company traded as low as $10.50 and last traded at $10.50. 10 shares changed hands during trading, an increase of 1,900% from the average session volume of 1 shares. The stock had previously closed at $10.76.
Shangri-La Asia Stock Performance
The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.42 and a current ratio of 1.44. The business has a 50 day moving average of $10.75 and a 200-day moving average of $11.52.
Shangri-La Asia Increases Dividend
The business also recently disclosed a dividend, which will be paid on Monday, July 7th. Investors of record on Tuesday, June 17th will be paid a dividend of $0.2572 per share. This represents a dividend yield of 3.58%. This is a positive change from Shangri-La Asia's previous dividend of $0.13. The ex-dividend date of this dividend is Monday, June 16th.
Shangri-La Asia Company Profile
(
Get Free Report)
Shangri-La Asia Limited, an investment holding company, develops, owns/leases, operates, and manages hotels and associated properties worldwide. It operates through Hotel Properties, Hotel Management and Related Services, Investment Properties, and Property Development for Sale segments. The company develops, owns, and operates office and commercial properties, and serviced apartments/residences; and operates restaurants and amusement parks.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Shangri-La Asia, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Shangri-La Asia wasn't on the list.
While Shangri-La Asia currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
