Guangdong Investment Limited (OTCMKTS:GGDVY – Get Free Report) rose 9.1% during trading on Tuesday . The stock traded as high as $39.03 and last traded at $39.03. Approximately 144 shares changed hands during trading, a decline of 22% from the average daily volume of 184 shares. The stock had previously closed at $35.77.
Guangdong Investment Trading Up 9.1 %
The business has a 50-day moving average price of $38.31 and a two-hundred day moving average price of $34.16.
Guangdong Investment Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Friday, February 28th. Shareholders of record on Monday, February 24th were issued a dividend of $0.2056 per share. The ex-dividend date was Friday, February 21st. This represents a yield of 6.58%. Guangdong Investment’s payout ratio is 30.15%.
About Guangdong Investment
Guangdong Investment Limited, an investment holding company, engages in water resources, property investment and development, department store operation, hotel ownership, energy project operation and management, and road and bridge operation businesses. The company's Water Resources segment provides water distribution, sewage treatment, water pipeline installation and consultancy services, constructs water supply and sewage treatment infrastructure, and sells machineries in Mainland China and Hong Kong.
Further Reading
- Five stocks we like better than Guangdong Investment
- Why Are These Companies Considered Blue Chips?
- NVIDIA Stock Remains Stunningly Undervalued—Here’s Why
- What Does a Stock Split Mean?
- Oracle Stock: 5 Reasons This AI Powerhouse Is a Long-Term Buy
- 10 Best Airline Stocks to Buy
- U.S. Stocks Sink, Foreign Markets Soar: 3 ETFs to Ride the Wave
Receive News & Ratings for Guangdong Investment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Guangdong Investment and related companies with MarketBeat.com's FREE daily email newsletter.
