Hang Seng Bank (OTCMKTS:HSNGY) Stock Passes Below Fifty Day Moving Average of $15.98

Hang Seng Bank Limited (OTCMKTS:HSNGYGet Rating) shares crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $15.98 and traded as low as $15.50. Hang Seng Bank shares last traded at $15.54, with a volume of 56,054 shares.

Hang Seng Bank Price Performance

The company’s 50-day moving average is $15.98 and its two-hundred day moving average is $17.37. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.87 and a current ratio of 0.87.

Hang Seng Bank Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, September 12th. Stockholders of record on Monday, August 15th were issued a $0.0785 dividend. The ex-dividend date was Friday, August 12th. This represents a dividend yield of 3.03%.

About Hang Seng Bank

(Get Rating)

Hang Seng Bank Limited, together with its subsidiaries, provides various banking and related financial services to individual, corporate, commercial, small and medium-sized enterprise, and institutional customers in Hong Kong, Mainland China, and internationally. It operates through four segments: Wealth and Personal Banking, Commercial Banking, Global Banking and Markets, and Other.

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