Hang Seng Bank Ltd. (ADR) (NASDAQ:HSNGY) has been upgraded to Hold in a report by Zacks Investment Research today.
- Updated: October 9, 2016
Zacks Investment Research has upgraded Hang Seng Bank Ltd. (ADR) (NASDAQ:HSNGY) to Hold in a report released on 10/5/2016.
Just yesterday Hang Seng Bank Ltd. (ADR) (NASDAQ:HSNGY) traded 0.00% even at $17.89. The company’s 50-day moving average is $17.75 and its 200-day moving average is $17.52. The last stock close price is up 3.61% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 16 shares of the stock were exchanged, down from an avg. volume of 1,546
With a total market value of $0, Hang Seng Bank Ltd. (ADR) has price-earnings ratio of 17.78 with a one year low of $15.58 and a one year high of $19.19 .
Brief Synopsis About Hang Seng Bank Ltd. (ADR) (NASDAQ:HSNGY)
Hang Seng Bank Limited is a Hong Kong-based investment holding company principally engaged in the provision of banking and financial services. The Company operates through four segments. Retail Banking and Wealth Management segment is engaged in the provision of products and services related to personal banking, consumer lending and wealth management. Personal banking products and services include current and savings accounts, mortgages and personal loans, credit cards and insurance. Commercial Banking segment is engaged in the provision of products and services related to corporate lending, trade and receivable financing, payments and cash management, treasury and foreign exchange, insurance and investment, as well as corporate wealth management. Global Banking and Markets segment is engaged in the provision of financial solutions. Other Businesses segment is engaged in the management of shareholders' funds and the investment in premises, properties and securities.
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