Hang Seng Bank (OTCMKTS:HSNGY) Stock Passes Below Two Hundred Day Moving Average – Time to Sell?

Hang Seng Bank Limited (OTCMKTS:HSNGYGet Free Report)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $12.37 and traded as low as $11.71. Hang Seng Bank shares last traded at $11.71, with a volume of 7,555 shares traded.

Hang Seng Bank Stock Performance

The company has a 50-day moving average of $12.13 and a 200 day moving average of $12.37.

Hang Seng Bank Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, November 22nd. Stockholders of record on Wednesday, October 23rd were issued a dividend of $0.1359 per share. This is a positive change from Hang Seng Bank’s previous dividend of $0.14. The ex-dividend date of this dividend was Wednesday, October 23rd.

Hang Seng Bank Company Profile

(Get Free Report)

Hang Seng Bank Limited, together with its subsidiaries, provides various banking and related financial services to individual, corporate, commercial, small and medium-sized enterprises, and institutional customers in Hong Kong, the Mainland of China, and internationally. It operates through five segments: Wealth and Personal Banking, Commercial Banking, Global Banking, Global Markets, and Other.

Further Reading

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