Hysan Development (OTCMKTS:HYSNY) Shares Pass Above 50 Day Moving Average – Should You Sell?

Hysan Development Company Limited (OTCMKTS:HYSNYGet Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $3.06 and traded as high as $3.62. Hysan Development shares last traded at $3.41, with a volume of 15,804 shares traded.

Hysan Development Stock Down 6.3 %

The firm’s 50 day simple moving average is $3.06 and its 200 day simple moving average is $3.08.

Hysan Development Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 9th were issued a dividend of $0.061 per share. This represents a dividend yield of 8.76%. The ex-dividend date of this dividend was Monday, September 9th. Hysan Development’s dividend payout ratio (DPR) is 1.10%.

Hysan Development Company Profile

(Get Free Report)

Hysan Development Co, Ltd. is a leading property investment, management and development company. Its core asset portfolio, Lee Gardens in Hong Kong, has approximately 4.5 million square feet of high-quality office, retail and residential floor area. Hysan has been rooted in Hong Kong for nearly a hundred years, operating with heart, focusing on community building, integration of old and new, technology application, and sustainable development.

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