Parkson Retail Group (OTCMKTS:PKSGY) Shares Down 11.2% – Here’s What Happened

Shares of Parkson Retail Group Limited (OTCMKTS:PKSGYGet Free Report) dropped 11.2% on Monday . The stock traded as low as $0.34 and last traded at $0.34. Approximately 100 shares traded hands during trading, an increase of 19,900% from the average daily volume of 1 shares. The stock had previously closed at $0.39.

Parkson Retail Group Stock Performance

The firm’s 50-day moving average price is $0.38 and its two-hundred day moving average price is $0.38. The company has a current ratio of 1.12, a quick ratio of 0.97 and a debt-to-equity ratio of 0.77.

Parkson Retail Group Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, October 15th. Investors of record on Tuesday, September 10th were issued a $0.0745 dividend. This is a positive change from Parkson Retail Group’s previous dividend of $0.03. The ex-dividend date was Tuesday, September 10th.

About Parkson Retail Group

(Get Free Report)

Parkson Retail Group Limited operates and manages a network of department stores, shopping malls, outlets, and supermarkets primarily in the People's Republic of China. The company offers various brands of fashion and lifestyle related merchandise focusing on four categories, which include fashion and apparel, cosmetics and accessories, household and electrical, and groceries and perishables targeting the young and contemporary market.

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