Shangri-La Asia Ltd. (OTCMKTS:SHALY – Get Free Report) shot up 3.5% during trading on Thursday . The company traded as high as $11.5636 and last traded at $11.5636. 111 shares changed hands during mid-day trading, an increase of 22% from the average session volume of 91 shares. The stock had previously closed at $11.1680.
Shangri-La Asia Price Performance
The stock’s 50-day moving average is $11.33 and its 200 day moving average is $10.94.
Shangri-La Asia Cuts Dividend
The company also recently disclosed a dividend, which was paid on Monday, October 20th. Shareholders of record on Monday, September 29th were issued a dividend of $0.1284 per share. The ex-dividend date of this dividend was Friday, September 26th. This represents a dividend yield of 348.0%.
Shangri-La Asia Company Profile
Shangri-La Asia Limited, an investment holding company, develops, owns/leases, operates, and manages hotels and associated properties worldwide. It operates through Hotel Properties, Hotel Management and Related Services, Investment Properties, and Property Development for Sale segments. The company develops, owns, and operates office and commercial properties, and serviced apartments/residences; and operates restaurants and amusement parks.
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