Guangdong Investment (OTCMKTS:GGDVY) Trading 2.7% Higher

Guangdong Investment Limited (OTCMKTS:GGDVY)’s stock price rose 2.7% during mid-day trading on Thursday . The stock traded as high as $29.35 and last traded at $29.35. Approximately 26 shares were traded during trading, a decline of 99% from the average daily volume of 2,570 shares. The stock had previously closed at $28.58.

Guangdong Investment Stock Performance

The company has a 50-day simple moving average of $28.09 and a 200-day simple moving average of $29.76.

Guangdong Investment Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, August 9th. Shareholders of record on Thursday, June 27th will be paid a $0.7394 dividend. The ex-dividend date is Thursday, June 27th. Guangdong Investment’s payout ratio is 30.15%.

Guangdong Investment Company Profile

Guangdong Investment Limited, an investment holding company, engages in water resources, property investment and development, department store operation, hotel ownership, energy project operation and management, and road and bridge operation businesses. The company's Water Resources segment provides water distribution, sewage treatment, water pipeline installation and consultancy services, constructs water supply and sewage treatment infrastructure, and sells machineries in Mainland China and Hong Kong.