Hongkong Land (OTCMKTS:HNGKY) Sets New 12-Month High – Time to Buy?

Hongkong Land Holdings Limited (OTCMKTS:HNGKYGet Free Report) shares reached a new 52-week high on Tuesday . The company traded as high as $21.71 and last traded at $21.50, with a volume of 1489 shares. The stock had previously closed at $20.57.

Hongkong Land Stock Performance

The stock’s 50 day moving average is $18.16 and its two-hundred day moving average is $16.90.

Hongkong Land Cuts Dividend

The company also recently announced a dividend, which will be paid on Wednesday, October 23rd. Shareholders of record on Friday, August 23rd will be paid a $0.264 dividend. The ex-dividend date is 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.

Further Reading

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