Shenzhen Investment Holdings Bay Area Development Company Limited (OTCMKTS:SIHBY - Get Free Report) shares dropped 17.9% on Tuesday . The company traded as low as $1.93 and last traded at $1.93. Approximately 500 shares were traded during trading, a decline of 11% from the average daily volume of 560 shares. The stock had previously closed at $2.35.
Shenzhen Investment Holdings Bay Area Development Stock Performance
The company has a debt-to-equity ratio of 0.20, a current ratio of 0.40 and a quick ratio of 0.40. The firm has a 50-day moving average of $2.12 and a 200-day moving average of $2.18.
Shenzhen Investment Holdings Bay Area Development Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Tuesday, July 22nd. Stockholders of record on Monday, May 26th will be issued a $0.0797 dividend. This represents a dividend yield of 7.8%. The ex-dividend date of this dividend is Friday, May 23rd.
About Shenzhen Investment Holdings Bay Area Development
(
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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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