Hongkong Land (OTCMKTS:HNGKY) Share Price Passes Above 50-Day Moving Average – Here’s What Happened

Hongkong Land Holdings Limited (OTCMKTS:HNGKYGet Free Report) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $18.91 and traded as high as $20.20. Hongkong Land shares last traded at $19.90, with a volume of 135,926 shares.

Hongkong Land Stock Performance

The firm has a 50-day moving average of $18.97 and a two-hundred day moving average of $17.28.

Hongkong Land Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, October 23rd. Investors of record on Friday, August 23rd were paid a dividend of $0.264 per share. The ex-dividend date of this dividend was Friday, August 23rd.

Hongkong Land Company Profile

(Get Free Report)

Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. The company operates in two segments, Investment Properties and Development Properties. It owns and manages approximately 850,000 square meters of office and luxury retail assets primarily in Hong Kong, Singapore, Beijing, and Jakarta.

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