Shangri-La Asia Ltd. (OTCMKTS:SHALY – Get Free Report) fell 2.4% on Friday . The company traded as low as $10.50 and last traded at $10.50. 10 shares traded hands during mid-day trading, an increase of 1,900% from the average session volume of 1 shares. The stock had previously closed at $10.76.
Shangri-La Asia Stock Performance
The company has a quick ratio of 1.42, a current ratio of 1.44 and a debt-to-equity ratio of 1.01. The business has a 50 day simple moving average of $10.75 and a two-hundred day simple moving average of $11.52.
Shangri-La Asia Increases Dividend
The firm also recently announced a dividend, which will be paid on Monday, July 7th. Shareholders of record on Tuesday, June 17th will be paid a $0.2572 dividend. This is a positive change from Shangri-La Asia’s previous dividend of $0.13. This represents a yield of 3.58%. The ex-dividend date of this dividend is Monday, June 16th.
Shangri-La Asia Company Profile
Shangri-La Asia Limited, an investment holding company, develops, owns/leases, operates, and manages hotels and associated properties worldwide. It operates through Hotel Properties, Hotel Management and Related Services, Investment Properties, and Property Development for Sale segments. The company develops, owns, and operates office and commercial properties, and serviced apartments/residences; and operates restaurants and amusement parks.
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