Hengan International Group (OTCMKTS:HEGIY) Trading Down 0.3% – Here’s Why

Hengan International Group Company Limited (OTCMKTS:HEGIY) dropped 0.3% during mid-day trading on Tuesday . The stock traded as low as $13.87 and last traded at $13.89. Approximately 18,025 shares changed hands during mid-day trading, a decline of 47% from the average daily volume of 34,315 shares. The stock had previously closed at $13.93.

Hengan International Group Stock Performance

The firm’s 50 day moving average price is $13.67 and its 200-day moving average price is $13.90. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.28 and a quick ratio of 1.10.

Hengan International Group Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, June 23rd. Investors of record on Monday, May 26th will be issued a $0.4113 dividend. The ex-dividend date is Friday, May 23rd. This represents a yield of 5.89%.

Hengan International Group Company Profile

Hengan International Group Company Limited, an investment holding company, manufactures, distributes, and sells personal hygiene products in the People's Republic of China and internationally. The company offers pocket handkerchiefs, box and soft tissue papers, kitchen towels/papers, toilet rolls, first-aid products, enema, garbage and food bags, preservation papers, table cloths and disposable toilet brush, sanitary napkins, pantiliners, overnight pants, wet tissues, maternal and child care products, adult and baby diapers, and cleansing products.