Shanghai Industrial (OTCMKTS:SGHIY) Hits New 52-Week High – What’s Next?

by · The Cerbat Gem

Shanghai Industrial Holdings Limited (OTCMKTS:SGHIYGet Free Report) shares reached a new 52-week high on Monday . The company traded as high as $15.63 and last traded at $15.63, with a volume of 2 shares. The stock had previously closed at $15.63.

Shanghai Industrial Stock Performance

The company’s 50-day moving average price is $14.51 and its 200 day moving average price is $14.05.

Shanghai Industrial Cuts Dividend

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

About Shanghai Industrial

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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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