Shares of Shangri-La Asia Ltd. (OTCMKTS:SHALY – Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $11.5636, but opened at $13.05. Shangri-La Asia shares last traded at $13.05, with a volume of 832 shares trading hands.
Shangri-La Asia Price Performance
The firm has a fifty day moving average of $11.53 and a 200-day moving average of $11.04.
Shangri-La Asia Cuts Dividend
The firm also recently announced a dividend, which was paid on Monday, October 20th. Shareholders of record on Monday, September 29th were paid a dividend of $0.1284 per share. The ex-dividend date of this dividend was Friday, September 26th. This represents a yield of 348.0%.
About Shangri-La Asia
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.
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