Shanghai Industrial (OTCMKTS:SGHIY) Reaches New 12-Month High – Time to Buy?

Shanghai Industrial Holdings Limited (OTCMKTS:SGHIYGet Free Report) shares hit a new 52-week high on Monday . The company traded as high as $15.63 and last traded at $15.63, with a volume of 25 shares changing hands. The stock had previously closed at $15.63.

Shanghai Industrial Stock Performance

The company’s 50-day moving average price is $15.40 and its 200-day moving average price is $14.42.

Shanghai Industrial Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, October 21st. Stockholders of record on Tuesday, September 24th were given a dividend of $0.5186 per share. The ex-dividend date was Monday, September 23rd. This represents a dividend yield of 8.37%.

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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