Shanghai Industrial (OTCMKTS:SGHIY) Sets New 52-Week High – Here’s Why

Shanghai Industrial Holdings Ltd. (OTCMKTS:SGHIYGet Free Report)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $20.65 and last traded at $20.65, with a volume of 1667 shares trading hands. The stock had previously closed at $14.50.

Shanghai Industrial Stock Up 42.4%

The company’s 50 day simple moving average is $14.65 and its two-hundred day simple moving average is $14.68.

Shanghai Industrial Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, October 27th. Stockholders of record on Friday, September 26th were issued a dividend of $0.5183 per share. This represents a dividend yield of 783.0%. The ex-dividend date was Thursday, September 25th.

Shanghai Industrial Company Profile

(Get Free Report)

Shanghai Industrial Holdings Limited, an investment holding company, engages in the infrastructure and environmental protection, real estate, consumer products, and comprehensive healthcare operations businesses in Hong Kong, China, rest of Asia, and internationally. The company invests in toll road projects and water services/clean energy businesses.

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