Sun Hung Kai Properties (OTCMKTS:SUHJY) Stock Passes Below 200-Day Moving Average of $13.23

Sun Hung Kai Properties Limited (OTCMKTS:SUHJY – Get Rating)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $13.23 and traded as low as $13.07. Sun Hung Kai Properties shares last traded at $13.16, with a volume of 39,340 shares traded.

Sun Hung Kai Properties Stock Performance

The business’s 50-day simple moving average is $13.64 and its 200 day simple moving average is $13.23.

Sun Hung Kai Properties Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 23rd. Investors of record on Thursday, March 9th were issued a $0.1393 dividend. The ex-dividend date of this dividend was Wednesday, March 8th. This represents a yield of 4.32%.

About Sun Hung Kai Properties

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Sun Hung Kai Properties Limited develops and invests in properties for sale and rent in Hong Kong, Mainland China, and internationally. It develops and sells properties, including residential estates, offices, shopping malls, industrial buildings, and hotels and serviced suites. The company's land bank comprises 57.1 million square feet of gross floor area in Hong Kong; and 70.6 million square feet of gross floor area in Mainland China.