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Hang Seng Bank (OTCMKTS:HSNGY) Share Price Crosses Above 50 Day Moving Average - What's Next?

Hang Seng Bank logo with Finance background

Hang Seng Bank Limited (OTCMKTS:HSNGY - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $13.30 and traded as high as $13.54. Hang Seng Bank shares last traded at $13.54, with a volume of 5,990 shares changing hands.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group raised shares of Hang Seng Bank from a "strong sell" rating to a "hold" rating in a research report on Wednesday, February 19th.

Read Our Latest Stock Analysis on HSNGY

Hang Seng Bank Trading Down 0.0 %

The company's 50-day simple moving average is $13.31 and its 200 day simple moving average is $12.60.

Hang Seng Bank Increases Dividend

The company also recently announced a dividend, which was paid on Monday, April 7th. Shareholders of record on Wednesday, March 5th were paid a $0.4115 dividend. This is an increase from Hang Seng Bank's previous dividend of $0.14. The ex-dividend date was Wednesday, March 5th.

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.

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