Imperial Petroleum (NASDAQ:IMPPP) Shares Down 0.3% – Time to Sell?

Imperial Petroleum Inc. (NASDAQ:IMPPPGet Free Report) fell 0.3% during trading on Friday . The stock traded as low as $25.37 and last traded at $25.37. 1,330 shares changed hands during mid-day trading, a decline of 46% from the average session volume of 2,462 shares. The stock had previously closed at $25.45.

Imperial Petroleum Trading Down 0.3 %

The firm’s 50-day simple moving average is $25.17 and its two-hundred day simple moving average is $24.96.

Imperial Petroleum Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Wednesday, September 25th were paid a dividend of $0.5469 per share. This represents a $2.19 annualized dividend and a dividend yield of 8.62%. The ex-dividend date of this dividend was Wednesday, September 25th.

Imperial Petroleum Company Profile

(Get Free Report)

Imperial Petroleum Inc provides international seaborne transportation services to oil producers, refineries, and commodities traders. It carries refined petroleum products, such as gasoline, diesel, fuel oil, and jet fuel, as well as edible oils and chemicals, crude oils, iron ore, coal and grains, and minor bulks, such as bauxite, phosphate, and fertilizers.

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