Hang Seng Bank (OTCMKTS:HSNGY) Shares Pass Below 50 Day Moving Average – Here’s Why

Hang Seng Bank Limited (OTCMKTS:HSNGYGet Free Report) shares passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $12.08 and traded as low as $12.00. Hang Seng Bank shares last traded at $12.00, with a volume of 8,975 shares traded.

Hang Seng Bank Price Performance

The firm’s 50-day moving average is $12.08 and its 200-day moving average is $12.24.

Hang Seng Bank Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, November 22nd. Stockholders of record on Wednesday, October 23rd were given a dividend of $0.1359 per share. The ex-dividend date of this dividend was Wednesday, October 23rd. This is an increase from Hang Seng Bank’s previous dividend of $0.14.

Hang Seng Bank Company Profile

(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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