Hengan International Group (OTCMKTS:HEGIY) Stock Price Down 1% – Time to Sell?

Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY)’s stock price dropped 1% during mid-day trading on Friday . The stock traded as low as $15.18 and last traded at $15.23. Approximately 8,687 shares changed hands during trading, a decline of 63% from the average daily volume of 23,265 shares. The stock had previously closed at $15.38.

Hengan International Group Price Performance

The company has a fifty day simple moving average of $14.71 and a 200-day simple moving average of $14.15. The company has a current ratio of 1.43, a quick ratio of 1.13 and a debt-to-equity ratio of 0.11.

Hengan International Group Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, June 23rd. Shareholders of record on Monday, May 26th were issued a dividend of $0.4113 per share. This represents a yield of 589.0%. The ex-dividend date of this dividend was Friday, May 23rd.

Hengan International Group Company Profile

Hengan International Group Company Limited, an investment holding company, manufactures, distributes, and sells personal hygiene products in the People's Republic of China and internationally. The company offers pocket handkerchiefs, box and soft tissue papers, kitchen towels/papers, toilet rolls, first-aid products, enema, garbage and food bags, preservation papers, table cloths and disposable toilet brush, sanitary napkins, pantiliners, overnight pants, wet tissues, maternal and child care products, adult and baby diapers, and cleansing products.