Hang Seng Bank (OTCMKTS:HSNGY) Stock Passes Above Fifty Day Moving Average – What’s Next?

Shares of Hang Seng Bank Limited (OTCMKTS:HSNGYGet Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $12.10 and traded as high as $12.77. Hang Seng Bank shares last traded at $12.41, with a volume of 17,275 shares changing hands.

Hang Seng Bank Price Performance

The stock has a fifty day simple moving average of $12.10 and a 200-day simple moving average of $12.31.

Hang Seng Bank Increases Dividend

The company also recently declared a dividend, which was paid on Friday, November 22nd. Investors of record on Wednesday, October 23rd were issued a dividend of $0.1359 per share. The ex-dividend date of this dividend was Wednesday, October 23rd. This is an increase from Hang Seng Bank’s previous dividend of $0.14.

About Hang Seng Bank

(Get Free Report)

Hang Seng Bank Limited, together with its subsidiaries, provides various banking and related financial services to individual, corporate, commercial, small and medium-sized enterprises, and institutional customers in Hong Kong, the Mainland of China, and internationally. It operates through five segments: Wealth and Personal Banking, Commercial Banking, Global Banking, Global Markets, and Other.

Further Reading

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