Shares of Hongkong Land Holdings Ltd. (OTCMKTS:HNGKY – Get Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $30.86 and traded as high as $30.94. Hongkong Land shares last traded at $30.94, with a volume of 1,811 shares.
Hongkong Land Price Performance
The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.18. The stock’s 50-day moving average is $30.86 and its two-hundred day moving average is $26.08.
Hongkong Land Cuts Dividend
The firm also recently declared a dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Monday, August 25th will be paid a dividend of $0.24 per share. The ex-dividend date is Friday, August 22nd. This represents a yield of 328.0%.
About Hongkong Land
Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. The company operates in two segments, Investment Properties and Development Properties. It owns and manages approximately 850,000 square meters of office and luxury retail assets primarily in Hong Kong, Singapore, Beijing, and Jakarta.
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