Shenzhen Investment Holdings Bay Area Development (OTCMKTS:SIHBY) Sets New 1-Year High at $2.71

Shares of Shenzhen Investment Holdings Bay Area Development Company Limited (OTCMKTS:SIHBY) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $2.71 and last traded at $1.73, with a volume of 4367 shares trading hands. The stock had previously closed at $2.12.

Shenzhen Investment Holdings Bay Area Development Stock Performance

The stock has a 50-day moving average of $2.01 and a 200-day moving average of $1.87.

Shenzhen Investment Holdings Bay Area Development Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, July 22nd. Shareholders of record on Friday, May 24th will be given a dividend of $0.1427 per share. The ex-dividend date of this dividend is Thursday, May 23rd. This is a positive change from Shenzhen Investment Holdings Bay Area Development’s previous dividend of $0.06.

About Shenzhen Investment Holdings Bay Area Development

Shenzhen Investment Holdings Bay Area Development Company Limited, an investment holding company, initiates, promotes, develops, and operates toll expressways and bridges in the People's Republic of China. The company operates through Coastal Expressway (Shenzhen Section), GS Superhighway, GZ West Superhighway, and Xintang Interchange segments.