Parkson Retail Group (OTCMKTS:PKSGY) Stock Price Down 11.2% – Time to Sell?

Parkson Retail Group Limited (OTCMKTS:PKSGY)’s stock price fell 11.2% on Monday . The stock traded as low as $0.34 and last traded at $0.34. 100 shares changed hands during mid-day trading, The stock had previously closed at $0.39.

Parkson Retail Group Price Performance

The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.97 and a current ratio of 1.12. The business’s 50 day simple moving average is $0.36 and its 200-day simple moving average is $0.38.

Parkson Retail Group Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, September 10th were given a dividend of $0.0745 per share. The ex-dividend date of this dividend was Tuesday, September 10th. This is a positive change from Parkson Retail Group’s previous dividend of $0.03.

About Parkson Retail Group

Parkson Retail Group Limited operates and manages a network of department stores, shopping malls, outlets, and supermarkets primarily in the People's Republic of China. The company offers various brands of fashion and lifestyle related merchandise focusing on four categories, which include fashion and apparel, cosmetics and accessories, household and electrical, and groceries and perishables targeting the young and contemporary market.