Sun Hung Kai Properties (OTCMKTS:SUHJY) Share Price Crosses Below 200-Day Moving Average – Here’s Why

Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $9.81 and traded as low as $9.59. Sun Hung Kai Properties shares last traded at $9.64, with a volume of 102,694 shares.

Sun Hung Kai Properties Trading Down 0.3 %

The firm has a fifty day moving average price of $10.15 and a two-hundred day moving average price of $9.82.

Sun Hung Kai Properties Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, November 29th. Shareholders of record on Wednesday, November 13th were paid a dividend of $0.3391 per share. This is a positive change from Sun Hung Kai Properties’s previous dividend of $0.10. This represents a yield of 3.99%. The ex-dividend date was Tuesday, November 12th.

Sun Hung Kai Properties Company Profile

Sun Hung Kai Properties Limited develops and invests in properties for sale and rent in Hong Kong, Mainland China, and internationally. It develops, sells, and leases properties, including residential estates, offices, shopping malls, industrial offices, and hotels and serviced suites. The company also provides property management services; construction-related services, including landscaping, electrical and mechanical installation, production and installation of wooden doors, and construction plant and machinery leasing; and insurance products to individuals and businesses comprising householder’s comprehensive, fire, employees’ compensation, travel, personal accident, motor vehicles, contractors’ all risks, third party liability, and property all risks.