Shanghai Industrial (OTCMKTS:SGHIY) Reaches New 12-Month High – Here’s Why

Shanghai Industrial Holdings Ltd. (OTCMKTS:SGHIYGet Free Report)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $21.65 and last traded at $21.65, with a volume of 130 shares. The stock had previously closed at $21.06.

Shanghai Industrial Stock Performance

The stock’s 50 day moving average is $15.25 and its two-hundred day moving average is $14.89.

Shanghai Industrial Cuts Dividend

The firm also recently announced a dividend, which was paid on Monday, October 27th. Shareholders of record on Friday, September 26th were given a dividend of $0.5183 per share. The ex-dividend date was Thursday, September 25th. This represents a dividend yield of 783.0%.

Shanghai Industrial Company Profile

(Get Free Report)

Shanghai Industrial Holdings Limited, an investment holding company, engages in the infrastructure and environmental protection, real estate, consumer products, and comprehensive healthcare operations businesses in Hong Kong, China, rest of Asia, and internationally. The company invests in toll road projects and water services/clean energy businesses.

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