Pershing Square (OTCMKTS:PSHZF) Shares Cross Below Fifty Day Moving Average – Time to Sell?

Shares of Pershing Square Holdings, Ltd. (OTCMKTS:PSHZFGet Free Report) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $46.81 and traded as low as $44.65. Pershing Square shares last traded at $45.58, with a volume of 52,275 shares changing hands.

Pershing Square Stock Performance

The company has a 50 day simple moving average of $46.81 and a 200 day simple moving average of $49.49.

Pershing Square Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 15th will be paid a $0.1456 dividend. The ex-dividend date is Friday, November 15th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 1.28%.

Pershing Square Company Profile

(Get Free Report)

Pershing Square Holdings, Ltd. is a closed-ended balanced fund launched and managed by Pershing Square Capital Management, L.P. It invests in public equity and fixed income markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies.

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