Pershing Square (OTCMKTS:PSHZF) Shares Cross Above 50-Day Moving Average – Time to Sell?

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZFGet Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $46.89 and traded as high as $50.00. Pershing Square shares last traded at $49.71, with a volume of 52,486 shares trading hands.

Pershing Square Stock Up 0.8 %

The stock’s 50 day moving average is $46.89 and its 200-day moving average is $48.95.

Pershing Square Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 15th were issued a $0.1456 dividend. The ex-dividend date was Friday, November 15th. This represents a $0.58 dividend on an annualized basis and a yield of 1.17%.

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.

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