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Shenzhen Investment Hldgs Bay Area Dvlpmt Co. Ltd. Sponsrd (OTCMKTS:SIHBY) Trading 36.1% Higher - Still a Buy?

Shenzhen Investment Hldgs Bay Area Dvlpmt Co. Ltd. Sponsrd logo with Finance background

Shenzhen Investment Hldgs Bay Area Dvlpmt Co. Ltd. Sponsrd ADR (OTCMKTS:SIHBY - Get Free Report) traded up 36.1% during mid-day trading on Tuesday . The stock traded as high as $2.64 and last traded at $2.64. 252 shares were traded during trading, an increase of 515% from the average session volume of 41 shares. The stock had previously closed at $1.94.

Shenzhen Investment Hldgs Bay Area Dvlpmt Co. Ltd. Sponsrd Trading Up 36.1%

The company's 50-day simple moving average is $2.07 and its 200-day simple moving average is $2.10.

Shenzhen Investment Hldgs Bay Area Dvlpmt Co. Ltd. Sponsrd Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, July 22nd. Stockholders of record on Monday, May 26th will be given a $0.0797 dividend. The ex-dividend date is Friday, May 23rd. This represents a dividend yield of 7.8%.

About Shenzhen Investment Hldgs Bay Area Dvlpmt Co. Ltd. Sponsrd

(Get Free Report)

Shenzhen Investment Holdings Bay Area Development Company Limited, an investment holding company, initiates, promotes, develops, and operates toll expressways and bridges in the People's Republic of China. The company operates through Coastal Expressway (Shenzhen Section), GS Superhighway, GZ West Superhighway, and Xintang Interchange segments.

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