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Hang Seng Bank (OTCMKTS:HSNGY) Stock Crosses Below 50 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 fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $12.23 and traded as low as $12.07. Hang Seng Bank shares last traded at $12.12, with a volume of 4,567 shares trading hands.

Hang Seng Bank Price Performance

The stock has a 50-day moving average price of $12.23 and a 200-day moving average price of $12.73.

Hang Seng Bank Increases Dividend

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

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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