Hang Seng Bank (OTCMKTS:HSNGY) Shares Pass Below Fifty Day Moving Average – Time to Sell?

Hang Seng Bank Limited (OTCMKTS:HSNGYGet Free Report)’s share price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $12.23 and traded as low as $12.07. Hang Seng Bank shares last traded at $12.12, with a volume of 4,567 shares changing hands.

Hang Seng Bank Stock Performance

The stock has a 50 day moving average price of $12.23 and a two-hundred day moving average price of $12.74.

Hang Seng Bank Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, November 22nd. Investors of record on Wednesday, October 23rd will be paid a $0.1359 dividend. The ex-dividend date is Wednesday, October 23rd. This is a positive change 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.

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