Sinotruk (Hong Kong) (OTCMKTS:SHKLY) Trading Down 3.3% – Time to Sell?

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

Sinotruk (Hong Kong) Price Performance

The business has a 50-day moving average price of $121.75 and a two-hundred day moving average price of $122.70.

Sinotruk (Hong Kong) Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, December 6th. Shareholders of record on Thursday, September 5th will be given a dividend of $4.0862 per share. The ex-dividend date of this dividend is Thursday, September 5th. Sinotruk (Hong Kong)’s payout ratio is currently 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.