Hang Seng Bank Limited (OTCMKTS:HSNGY – Get Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $13.20 and traded as high as $13.83. Hang Seng Bank shares last traded at $13.76, with a volume of 8,397 shares.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group raised Hang Seng Bank from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 19th.
Check Out Our Latest Report on HSNGY
Hang Seng Bank Price Performance
Hang Seng Bank Increases Dividend
The firm also recently announced a dividend, which will be paid on Monday, April 7th. Shareholders of record on Wednesday, March 5th will be given a dividend of $0.4115 per share. The ex-dividend date of this dividend is Wednesday, March 5th. This is a positive change from Hang Seng Bank’s previous dividend of $0.14.
Hang Seng Bank Company Profile
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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