Henderson Land Development (OTCMKTS:HLDCY) Stock Crosses Above 50-Day Moving Average - What's Next?
Henderson Land Development's stock (OTCMKTS:HLDCY) has crossed above its 50-day moving average, trading as high as $3.76. The stock's 50-day average is $3.55, and its 200-day average is $3.40. Recently, the company announced a dividend with a yield of 574.0%. Despite a Strong Buy rating, analysts suggest other stocks may be better investments.
Shares of Henderson Land Development Co. (OTCMKTS:HLDCY - Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $3.55 and traded as high as $3.76. Henderson Land Development shares last traded at $3.72, with a volume of 12,572 shares traded.
Henderson Land Development Price Performance
The firm's 50-day simple moving average is $3.55 and its 200 day simple moving average is $3.40.
Henderson Land Development Cuts Dividend
The company also recently announced a dividend, which was paid on Wednesday, September 24th. Investors of record on Friday, September 5th were given a $0.0513 dividend. The ex-dividend date was Thursday, September 4th. This represents a yield of 574.0%.
About Henderson Land Development
(Get Free Report)Henderson Land Development Company Limited, an investment holding company, engages in the property development and investment activities in Hong Kong and Mainland China. The company operates through Property Development, Property Leasing, Department Stores and Supermarket-Cum-Stores Operations, Hotel Room Operation, Other Businesses, and Utility and Energy segments.
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