Sinotruk (Hong Kong) (OTCMKTS:SHKLY) Trading Down 3.3% – Here’s Why

Shares of Sinotruk (Hong Kong) Limited (OTCMKTS:SHKLY) traded down 3.3% during mid-day trading on Thursday . The stock traded as low as $120.91 and last traded at $120.91. 11 shares changed hands during trading, a decline of 99% from the average session volume of 786 shares. The stock had previously closed at $125.00.

Sinotruk (Hong Kong) Trading Down 3.3 %

The firm has a fifty day moving average price of $121.75 and a 200-day moving average price of $122.70.

Sinotruk (Hong Kong) Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, December 6th. Shareholders of record on Thursday, September 5th will be issued a $4.0862 dividend. The ex-dividend date of this dividend is Thursday, September 5th. Sinotruk (Hong Kong)’s dividend payout ratio (DPR) is 18.11%.

Sinotruk (Hong Kong) Company Profile

Sinotruk (Hong Kong) Limited, an investment holding company, engages in the research, development, manufacture, and sale of heavy-duty trucks (HDT), medium-heavy duty trucks, light duty trucks (LDT), buses, and related parts and components in Mainland China and internationally. The company operates through four segments: Heavy Duty Trucks, Light Duty Trucks and Others, Engines, and Finance.