Hang Lung Group Ltd. (OTCMKTS:HNLGY – Get Free Report) dropped 3.2% on Thursday . The stock traded as low as $9.39 and last traded at $9.39. Approximately 2,234 shares traded hands during trading, an increase of 18,439% from the average daily volume of 12 shares. The stock had previously closed at $9.70.
Hang Lung Group Trading Down 3.2%
The company has a fifty day moving average of $9.27 and a two-hundred day moving average of $8.20.
Hang Lung Group Cuts Dividend
The business also recently declared a dividend, which was paid on Monday, October 6th. Investors of record on Friday, August 15th were issued a dividend of $0.1138 per share. The ex-dividend date of this dividend was Thursday, August 14th. This represents a dividend yield of 557.0%.
About Hang Lung Group
Hang Lung Group Limited, an investment holding company, operates as a property developer in Hong Kong and the Mainland of China. The company operates through Property Leasing and Property Sales segments. It develops properties for sale and lease, such as large-scale commercial, office, and residential developments.
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