Pershing Square (OTCMKTS:PSHZF) Shares Pass Above 50-Day Moving Average of $30.52

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZFGet Rating) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $30.52 and traded as high as $31.82. Pershing Square shares last traded at $31.45, with a volume of 16,907 shares traded.

Pershing Square Price Performance

The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.26. The stock has a fifty day moving average price of $30.52 and a two-hundred day moving average price of $34.66.

Pershing Square Increases Dividend

The company also recently announced a dividend, which was paid on Friday, June 17th. Stockholders of record on Friday, May 20th were issued a dividend of $0.125 per share. The ex-dividend date of this dividend was Thursday, May 19th. This represents a dividend yield of 1.58%. This is an increase from Pershing Square’s previous dividend of $0.10.

Pershing Square Company Profile

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Pershing Square Holdings, Ltd. is a closed-ended balanced hedge fund launched and managed by Pershing Square Capital Management, L.P. It invests in public equity and fixed income markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies.

Further Reading

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