Sun Hung Kai Properties (OTCMKTS:SUHJY) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

Sun Hung Kai Properties Limited (OTCMKTS:SUHJY)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $9.92 and traded as high as $10.18. Sun Hung Kai Properties shares last traded at $10.10, with a volume of 55,179 shares changing hands.

Sun Hung Kai Properties Stock Performance

The stock’s 50 day moving average is $9.26 and its two-hundred day moving average is $9.92.

Sun Hung Kai Properties Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be given a $0.1222 dividend. The ex-dividend date of this dividend is Thursday, March 13th.

About Sun Hung Kai Properties

Sun Hung Kai Properties Limited develops and invests in properties for sale and rent in Hong Kong, Mainland China, and internationally. It develops, sells, and leases properties, including residential estates, offices, shopping malls, industrial offices, and hotels and serviced suites. The company also provides property management services; construction-related services, including landscaping, electrical and mechanical installation, production and installation of wooden doors, and construction plant and machinery leasing; and insurance products to individuals and businesses comprising householder’s comprehensive, fire, employees’ compensation, travel, personal accident, motor vehicles, contractors’ all risks, third party liability, and property all risks.