Pershing Square (OTCMKTS:PSHZF) Stock Passes Below 50-Day Moving Average – Here’s What Happened

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZFGet Free Report) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $52.32 and traded as low as $49.75. Pershing Square shares last traded at $50.30, with a volume of 21,572 shares.

Pershing Square Price Performance

The stock has a fifty day moving average of $52.26 and a two-hundred day moving average of $49.19.

Pershing Square Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 21st. Investors of record on Friday, February 14th were issued a $0.1646 dividend. This is a positive change from Pershing Square’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Friday, February 14th. This represents a $0.66 annualized dividend and a yield of 1.33%.

Pershing Square Company Profile

(Get Free Report)

Pershing Square Holdings, Ltd. is a closed-ended balanced fund launched and managed by Pershing Square Capital Management, L.P. It invests in public equity and fixed income markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies.

Recommended Stories

Receive News & Ratings for Pershing Square Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pershing Square and related companies with MarketBeat.com's FREE daily email newsletter.