Shanghai Industrial (OTCMKTS:SGHIY) Hits New 1-Year High – Should You Buy?

Shanghai Industrial Holdings Limited (OTCMKTS:SGHIYGet Free Report)’s stock price hit a new 52-week high during trading on Monday . The company traded as high as $15.63 and last traded at $15.63, with a volume of 25 shares changing hands. The stock had previously closed at $15.63.

Shanghai Industrial Price Performance

The company has a 50-day moving average of $15.36 and a 200 day moving average of $14.39.

Shanghai Industrial Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, October 21st. Shareholders of record on Tuesday, September 24th were paid a dividend of $0.5186 per share. This represents a yield of 8.37%. The ex-dividend date of this dividend was Monday, September 23rd.

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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