Hysan Development (OTCMKTS:HYSNY) Stock Crosses Below Fifty Day Moving Average of $3.20

Hysan Development Company Limited (OTCMKTS:HYSNY) shares passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $3.20 and traded as low as $3.18. Hysan Development shares last traded at $3.19, with a volume of 1,130 shares changing hands.

Hysan Development Stock Performance

The stock’s 50-day simple moving average is $3.20 and its 200 day simple moving average is $3.53.

Hysan Development Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, April 1st. Shareholders of record on Thursday, March 7th were issued a $0.1971 dividend. The ex-dividend date of this dividend was Wednesday, March 6th. This is a positive change from Hysan Development’s previous dividend of $0.06. Hysan Development’s payout ratio is currently 3.58%.

Hysan Development Company Profile

Hysan Development Co, Ltd. is a leading property investment, management and development company. Its core asset portfolio, Lee Gardens in Hong Kong, has approximately 4.5 million square feet of high-quality office, retail and residential floor area. Hysan has been rooted in Hong Kong for nearly a hundred years, operating with heart, focusing on community building, integration of old and new, technology application, and sustainable development.