Hang Seng Bank Limited (OTCMKTS:HSNGY - Get Free Report)'s share price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $13.32 and traded as low as $12.56. Hang Seng Bank shares last traded at $12.75, with a volume of 12,098 shares.
Wall Street Analyst Weigh In
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.
Get Our Latest Stock Report on Hang Seng Bank
Hang Seng Bank Stock Up 0.1 %
The company has a fifty day simple moving average of $13.31 and a two-hundred day simple moving average of $12.59.
Hang Seng Bank Increases Dividend
The firm also recently announced a dividend, which was paid on Monday, April 7th. Investors of record on Wednesday, March 5th were given a dividend of $0.4115 per share. The ex-dividend date was Wednesday, March 5th. This is an increase from Hang Seng Bank's previous dividend of $0.14.
Hang Seng Bank Company Profile
(
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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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