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Shenzhen Investment Hldgs Bay Area Dvlpmt Co. Ltd. Sponsrd (OTCMKTS:SIHBY) Shares Up 36.1% - 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)'s stock price 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 traded hands 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 Stock Performance

The firm has a 50 day moving average price of $2.06 and a 200-day moving average price of $2.09.

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

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

Shenzhen Investment Hldgs Bay Area Dvlpmt Co. Ltd. Sponsrd Company Profile

(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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