Hang Seng Bank (OTCMKTS:HSNGY) Hits New 52-Week High – Time to Buy?

Hang Seng Bank Ltd. (OTCMKTS:HSNGYGet Free Report)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $15.09 and last traded at $15.09, with a volume of 638 shares. The stock had previously closed at $14.61.

Hang Seng Bank Trading Up 3.6%

The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.19. The stock’s fifty day simple moving average is $13.91 and its 200-day simple moving average is $13.18.

Hang Seng Bank Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, June 16th. Shareholders of record on Friday, May 16th were paid a $0.1476 dividend. The ex-dividend date was Thursday, May 15th. This represents a dividend yield of 5.7%.

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.

Further Reading

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