Raia Drogasil S.A. (OTCMKTS:RADLY – Get Free Report) dropped 14.1% during mid-day trading on Tuesday . The company traded as low as $3.11 and last traded at $3.11. Approximately 8,925 shares were traded during mid-day trading, a decline of 69% from the average daily volume of 28,932 shares. The stock had previously closed at $3.62.
Raia Drogasil Stock Down 14.1 %
The business’s fifty day simple moving average is $4.40 and its 200-day simple moving average is $4.74.
Raia Drogasil Increases Dividend
The company also recently announced a dividend, which will be paid on Monday, June 9th. Investors of record on Thursday, December 12th will be given a $0.0119 dividend. This is an increase from Raia Drogasil’s previous dividend of $0.01. The ex-dividend date of this dividend is Thursday, December 12th.
About Raia Drogasil
Raia Drogasil SA engages in the retail sale of medicines, perfumery, personal care and beauty products, cosmetics, dermocosmetics, and specialty medicines in Brazil. It also markets its goods through telesales and call centers in the states of São Paulo, Tocantins, and Pernambuco. The company was founded in 1905 and is headquartered in São Paulo, Brazil.
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