Shanghai Industrial (OTCMKTS:SGHIY) Reaches New 1-Year Low – Here’s Why

Shanghai Industrial Holdings Limited (OTCMKTS:SGHIYGet Free Report) shares reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $14.50 and last traded at $14.50, with a volume of 0 shares trading hands. The stock had previously closed at $14.50.

Shanghai Industrial Price Performance

The company has a 50 day moving average of $13.98 and a 200 day moving average of $13.78.

Shanghai Industrial Cuts Dividend

The company also recently announced a dividend, which will be paid on Monday, October 21st. Investors of record on Tuesday, September 24th will be issued a $0.5186 dividend. The ex-dividend date of this dividend is Monday, September 23rd. This represents a yield of 8.37%.

Shanghai Industrial Company Profile

(Get Free Report)

Shanghai Industrial Holdings Limited, an investment holding company, engages in the infrastructure and environmental protection, real estate, consumer products, and comprehensive healthcare operations businesses in Hong Kong, China, rest of Asia, and internationally. The company invests in toll road projects and water services/clean energy businesses.

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