Shares of Hang Lung Group Limited (OTCMKTS:HNLGY – Get Free Report) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $6.50 and last traded at $6.50, with a volume of 237 shares traded. The stock had previously closed at $6.27.
Hang Lung Group Stock Performance
The firm has a 50 day simple moving average of $5.70 and a 200-day simple moving average of $5.75.
Hang Lung Group Cuts Dividend
The firm also recently declared a dividend, which will be paid on Monday, October 7th. Shareholders of record on Thursday, August 15th will be issued a dividend of $0.1183 per share. The ex-dividend date is Thursday, August 15th.
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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