Shanghai Industrial (OTCMKTS:SGHIY) Hits New 52-Week Low – Should You Sell?

Shanghai Industrial Holdings Ltd. (OTCMKTS:SGHIYGet Free Report) shares hit a new 52-week low during trading on Thursday . The company traded as low as $20.10 and last traded at $20.30, with a volume of 1039 shares traded. The stock had previously closed at $21.06.

Shanghai Industrial Price Performance

The firm has a 50 day moving average of $15.01 and a two-hundred day moving average of $14.81.

Shanghai Industrial Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, October 27th. Stockholders of record on Friday, September 26th were given a $0.5183 dividend. This represents a dividend yield of 783.0%. The ex-dividend date of this dividend was Thursday, September 25th.

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.

Read More

Receive News & Ratings for Shanghai Industrial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shanghai Industrial and related companies with MarketBeat.com's FREE daily email newsletter.