Hang Seng Bank Ltd. (OTCMKTS:HSNGY – Get Free Report) shares reached a new 52-week low during trading on Friday . The stock traded as low as $4.58 and last traded at $4.58, with a volume of 4470797 shares trading hands. The stock had previously closed at $19.6550.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on HSNGY shares. Zacks Research upgraded Hang Seng Bank from a “strong sell” rating to a “hold” rating in a research note on Monday, September 29th. UBS Group downgraded Hang Seng Bank from a “hold” rating to a “strong sell” rating in a report on Thursday, July 31st. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Hang Seng Bank has a consensus rating of “Reduce”.
Read Our Latest Analysis on Hang Seng Bank
Hang Seng Bank Price Performance
About Hang Seng Bank
Hang Seng Bank Limited, together with its subsidiaries, provides various banking and related financial services to individual, corporate, commercial, small and medium-sized enterprises, and institutional customers in Hong Kong, the Mainland of China, and internationally. It operates through five segments: Wealth and Personal Banking, Commercial Banking, Global Banking, Global Markets, and Other.
Further Reading
- Five stocks we like better than Hang Seng Bank
- What is Insider Trading? What You Can Learn from Insider Trading
- LightPath Stock Eyes 50% Upside on Defense Demand Surge
- What Are Treasury Bonds?
- CRWD Stock Hits Key Inflection Point Ahead of Earnings
- The Role Economic Reports Play in a Successful Investment Strategy
- Rigetti’s Q3 Miss Reveals Quantum Funding and Timing Pressures
Receive News & Ratings for Hang Seng Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hang Seng Bank and related companies with MarketBeat.com's FREE daily email newsletter.
