Sun Hung Kai Properties (OTCMKTS:SUHJY) Shares Cross Below 200-Day Moving Average – Should You Sell?

Sun Hung Kai Properties Limited (OTCMKTS:SUHJY)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $9.86 and traded as low as $8.83. Sun Hung Kai Properties shares last traded at $8.90, with a volume of 186,122 shares trading hands.

Sun Hung Kai Properties Price Performance

The company’s 50-day moving average is $9.58 and its 200-day moving average is $9.86.

Sun Hung Kai Properties Increases Dividend

The company also recently announced a dividend, which was paid on Friday, November 29th. Stockholders of record on Wednesday, November 13th were paid a $0.3391 dividend. This represents a dividend yield of 3.99%. The ex-dividend date was Tuesday, November 12th. This is an increase from Sun Hung Kai Properties’s previous dividend of $0.10.

Sun Hung Kai Properties Company Profile

Sun Hung Kai Properties Limited develops and invests in properties for sale and rent in Hong Kong, Mainland China, and internationally. It develops, sells, and leases properties, including residential estates, offices, shopping malls, industrial offices, and hotels and serviced suites. The company also provides property management services; construction-related services, including landscaping, electrical and mechanical installation, production and installation of wooden doors, and construction plant and machinery leasing; and insurance products to individuals and businesses comprising householder’s comprehensive, fire, employees’ compensation, travel, personal accident, motor vehicles, contractors’ all risks, third party liability, and property all risks.