Free Trial

Hongkong Land (OTCMKTS:HNGKY) Shares Cross Above 50-Day Moving Average - Here's What Happened

Hongkong Land logo with Finance background

Hongkong Land Holdings Limited (OTCMKTS:HNGKY - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $18.91 and traded as high as $20.20. Hongkong Land shares last traded at $19.90, with a volume of 135,926 shares changing hands.

Hongkong Land Price Performance

The company has a fifty day simple moving average of $18.97 and a 200-day simple moving average of $17.28.

Hongkong Land Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, October 23rd. Shareholders of record on Friday, August 23rd will be issued a dividend of $0.264 per share. The ex-dividend date of this dividend is Friday, August 23rd.

About Hongkong Land

(Get Free Report)

Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. The company operates in two segments, Investment Properties and Development Properties. It owns and manages approximately 850,000 square meters of office and luxury retail assets primarily in Hong Kong, Singapore, Beijing, and Jakarta.

See Also

→ I was wrong. Dead wrong. (From Porter & Company) (Ad)

Should you invest $1,000 in Hongkong Land right now?

Before you consider Hongkong Land, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hongkong Land wasn't on the list.

While Hongkong Land currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

20 Stocks to Sell Now Cover

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Massive Market Moves Following Trump Win: Tesla, JP Morgan, & Bitcoin Soar

Massive Market Moves Following Trump Win: Tesla, JP Morgan, & Bitcoin Soar

MarketBeat analyst Thomas Hughes breaks down the biggest winners of the day, including Tesla, JP Morgan, and the Russell 2000, and why they’re surging.

Related Videos

Tesla Stock Rockets 15% Post-Earnings
Tesla Stock: Profits vs. Price—Is It Time to Sell?
Top Stocks to Buy, Sell, and Hold Right Now

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines