Shanghai Industrial (OTCMKTS:SGHIY) Reaches New 12-Month High – Should You Buy?

Shanghai Industrial Holdings Limited (OTCMKTS:SGHIYGet Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $15.63 and last traded at $15.63, with a volume of 4 shares traded. The stock had previously closed at $15.63.

Shanghai Industrial Stock Performance

The stock has a 50-day moving average price of $15.24 and a 200-day moving average price of $14.33.

Shanghai Industrial Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, October 21st. Stockholders of record on Tuesday, September 24th were given a dividend of $0.5186 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a dividend yield of 8.37%.

Shanghai Industrial Company Profile

(Get Free Report)

Shanghai Industrial Holdings Limited, an investment holding company, engages in the infrastructure and environmental protection, real estate, consumer products, and comprehensive healthcare operations businesses in Hong Kong, China, rest of Asia, and internationally. The company invests in toll road projects and water services/clean energy businesses.

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