Shenzhen Investment Holdings Bay Area Development (OTCMKTS:SIHBY) Sets New 12-Month High – Still a Buy?

Shenzhen Investment Holdings Bay Area Development Company Limited (OTCMKTS:SIHBYGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $2.71 and last traded at $1.91, with a volume of 2017 shares changing hands. The stock had previously closed at $2.59.

Shenzhen Investment Holdings Bay Area Development Price Performance

The firm’s 50-day moving average is $2.11 and its 200 day moving average is $2.03.

Shenzhen Investment Holdings Bay Area Development Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, November 18th. Stockholders of record on Tuesday, September 24th will be paid a dividend of $0.0893 per share. The ex-dividend date of this dividend is Tuesday, September 24th.

About Shenzhen Investment Holdings Bay Area Development

(Get Free Report)

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.

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