Hengan International Group (OTCMKTS:HEGIY) Hits New 12-Month High – Still a Buy?

Hengan International Group Co., Ltd. Unsponsored ADR (OTCMKTS:HEGIY) shares hit a new 52-week high on Friday . The company traded as high as $17.95 and last traded at $17.95, with a volume of 444 shares trading hands. The stock had previously closed at $17.73.

Hengan International Group Stock Performance

The firm has a fifty day simple moving average of $16.42 and a 200-day simple moving average of $15.01. The company has a current ratio of 1.16, a quick ratio of 0.99 and a debt-to-equity ratio of 0.01.

Hengan International Group Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, October 27th. Investors of record on Wednesday, September 10th will be paid a dividend of $0.4175 per share. The ex-dividend date is Tuesday, September 9th. This represents a yield of 522.0%. This is a boost from Hengan International Group’s previous dividend of $0.41.

About Hengan International Group

Hengan International Group Company Limited, an investment holding company, manufactures, distributes, and sells personal hygiene products in the People's Republic of China and internationally. The company offers pocket handkerchiefs, box and soft tissue papers, kitchen towels/papers, toilet rolls, first-aid products, enema, garbage and food bags, preservation papers, table cloths and disposable toilet brush, sanitary napkins, pantiliners, overnight pants, wet tissues, maternal and child care products, adult and baby diapers, and cleansing products.