Shanghai Industrial (OTCMKTS:SGHIY) Reaches New 1-Year High – Should You Buy?

Shares of Shanghai Industrial Holdings Limited (OTCMKTS:SGHIYGet Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $15.63 and last traded at $15.63, with a volume of 1 shares traded. The stock had previously closed at $15.63.

Shanghai Industrial Stock Performance

The stock’s 50-day moving average is $14.30 and its 200-day moving average is $13.95.

Shanghai Industrial Cuts Dividend

The firm also recently declared 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

(Get Free Report)

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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