Hang Seng Bank Limited (OTCMKTS:HSNGY – Get Free Report)’s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $12.99 and traded as high as $14.10. Hang Seng Bank shares last traded at $13.91, with a volume of 17,883 shares traded.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group upgraded shares of Hang Seng Bank from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 19th.
Read Our Latest Research Report on HSNGY
Hang Seng Bank Stock Down 0.7 %
Hang Seng Bank Increases Dividend
The business also recently declared a dividend, which will be paid on Monday, April 7th. Investors of record on Wednesday, March 5th will be paid a $0.4115 dividend. The ex-dividend date is Wednesday, March 5th. This is a positive change from Hang Seng Bank’s previous dividend of $0.14.
About Hang Seng Bank
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.
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