Shanghai Industrial (OTCMKTS:SGHIY) Reaches New 1-Year High – Should You Buy?

Shanghai Industrial Holdings Limited (OTCMKTS:SGHIYGet Free Report)’s share price hit a new 52-week high on Wednesday . The company traded as high as $15.63 and last traded at $15.63, with a volume of 1 shares traded. The stock had previously closed at $15.63.

Shanghai Industrial Stock Performance

The stock’s fifty day moving average price is $14.30 and its two-hundred day moving average price is $13.95.

Shanghai Industrial Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, October 21st. Stockholders of record on Tuesday, September 24th were issued a dividend of $0.5186 per share. This represents a dividend yield of 8.37%. The ex-dividend date was Monday, September 23rd.

About Shanghai Industrial

(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.

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