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Hang Seng Bank (OTCMKTS:HSNGY) Shares Cross Below 200-Day Moving Average - Time to Sell?

Hang Seng Bank logo with Finance background

Hang Seng Bank Limited (OTCMKTS:HSNGY - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $12.37 and traded as low as $11.71. Hang Seng Bank shares last traded at $11.71, with a volume of 7,555 shares.

Hang Seng Bank Trading Up 0.2 %

The company's 50-day moving average price is $12.12 and its two-hundred day moving average price is $12.37.

Hang Seng Bank Increases Dividend

The company also recently declared a dividend, which was paid on Friday, November 22nd. Shareholders of record on Wednesday, October 23rd were given a dividend of $0.1359 per share. This is an increase from Hang Seng Bank's previous dividend of $0.14. The ex-dividend date was Wednesday, October 23rd.

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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