Sun Hung Kai Properties (OTCMKTS:SUHJY) Stock Price Crosses Below 200 Day Moving Average – Here’s What Happened

Sun Hung Kai Properties Limited (OTCMKTS:SUHJY) shares crossed 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 trading hands.

Sun Hung Kai Properties Stock Performance

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 announced a dividend, which was paid on Friday, November 29th. Shareholders of record on Wednesday, November 13th were given a $0.3391 dividend. This represents a yield of 3.99%. This is a boost from Sun Hung Kai Properties’s previous dividend of $0.10. The ex-dividend date of this dividend was Tuesday, November 12th.

About Sun Hung Kai Properties

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.