Hang Seng Bank (OTCMKTS:HSNGY) Stock Price Crosses Below Fifty Day Moving Average – Here’s Why

Hang Seng Bank Limited (OTCMKTS:HSNGYGet Free Report)’s stock price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $12.08 and traded as low as $12.00. Hang Seng Bank shares last traded at $12.00, with a volume of 8,975 shares.

Hang Seng Bank Stock Performance

The company has a fifty day moving average price of $12.08 and a two-hundred day moving average price of $12.26.

Hang Seng Bank Increases Dividend

The business also recently announced a dividend, which was paid on Friday, November 22nd. Investors of record on Wednesday, October 23rd were given a dividend of $0.1359 per share. This is a positive change from Hang Seng Bank’s previous dividend of $0.14. The ex-dividend date of this dividend was Wednesday, October 23rd.

About Hang Seng Bank

(Get Free Report)

Hang Seng Bank Limited, together with its subsidiaries, provides various banking and related financial services to individual, corporate, commercial, small and medium-sized enterprises, and institutional customers in Hong Kong, the Mainland of China, and internationally. It operates through five segments: Wealth and Personal Banking, Commercial Banking, Global Banking, Global Markets, and Other.

See Also

Receive News & Ratings for Hang Seng Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hang Seng Bank and related companies with MarketBeat.com's FREE daily email newsletter.