Lonking Holdings Limited (OTCMKTS:LKHLY – Get Free Report) shares traded up 14.1% during mid-day trading on Wednesday . The stock traded as high as $9.64 and last traded at $9.64. 756 shares traded hands during trading, an increase of 68% from the average session volume of 451 shares. The stock had previously closed at $8.45.
Lonking Trading Up 8.7 %
The company has a fifty day moving average price of $9.54 and a 200-day moving average price of $8.53.
Lonking Increases Dividend
The firm also recently declared a dividend, which will be paid on Thursday, August 15th. Investors of record on Friday, May 31st will be paid a dividend of $0.4613 per share. This is an increase from Lonking’s previous dividend of $0.08. The ex-dividend date is Friday, May 31st.
About Lonking
Lonking Holdings Limited, an investment holding company, manufactures and distributes wheel loaders, road rollers, excavators, forklifts, and other construction machinery in Mainland China and internationally. It operates through three segments: Sale of Construction Machinery, Finance Lease of Construction Machinery, and Financial Investment.
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