Pershing Square (OTCMKTS:PSHZF) Hits New 52-Week High – Still a Buy?

Shares of Pershing Square Holdings, Ltd. (OTCMKTS:PSHZFGet Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $58.28 and last traded at $58.25, with a volume of 13462 shares. The stock had previously closed at $56.30.

Pershing Square Price Performance

The company has a debt-to-equity ratio of 0.18, a current ratio of 2.01 and a quick ratio of 2.01. The business’s 50-day simple moving average is $55.34 and its 200-day simple moving average is $52.01.

Pershing Square Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 19th. Shareholders of record on Friday, August 15th will be given a $0.1646 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 1.1%.

About Pershing Square

(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.

Further Reading

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