Shangri-La Asia Ltd. (OTCMKTS:SHALY – Get Free Report) shares traded up 23.3% during mid-day trading on Wednesday . The stock traded as high as $12.95 and last traded at $12.95. 107 shares traded hands during mid-day trading, an increase of 213,900% from the average session volume of 0 shares. The stock had previously closed at $10.50.
Shangri-La Asia Price Performance
The firm’s 50 day simple moving average is $11.00 and its 200-day simple moving average is $10.84.
Shangri-La Asia Cuts Dividend
The business also recently announced a dividend, which will be paid on Monday, October 20th. Shareholders of record on Monday, September 29th will be given a dividend of $0.1284 per share. This represents a dividend yield of 348.0%. The ex-dividend date is Friday, September 26th.
About Shangri-La Asia
Shangri-La Asia Limited, an investment holding company, develops, owns/leases, operates, and manages hotels and associated properties worldwide. It operates through Hotel Properties, Hotel Management and Related Services, Investment Properties, and Property Development for Sale segments. The company develops, owns, and operates office and commercial properties, and serviced apartments/residences; and operates restaurants and amusement parks.
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