Shares of Orora Limited (OTCMKTS:ORRYY – Get Free Report) were down 26.2% on Monday . The company traded as low as $9.59 and last traded at $9.59. Approximately 1,439 shares traded hands during mid-day trading, an increase of 5% from the average daily volume of 1,369 shares. The stock had previously closed at $13.00.
Orora Stock Performance
The firm has a 50-day moving average price of $11.31 and a two-hundred day moving average price of $12.09.
Orora Increases Dividend
The business also recently declared a dividend, which will be paid on Monday, April 21st. Investors of record on Monday, March 3rd will be paid a $0.2517 dividend. The ex-dividend date is Monday, March 3rd. This is an increase from Orora’s previous dividend of $0.22.
About Orora
Orora Limited designs, manufactures, and supplies packaging products and services to the grocery, fast moving consumer goods, and industrial markets in Australia, New Zealand, the United States, and internationally. The company operates through Orora Australasia and Orora North America segments. It also provides glass bottles, aluminum cans, tabs, and ends, closures and caps, boxes and cartons, point-of-purchase displays, packaging equipment, rigid and flexible packaging, and general packaging materials and supplies.
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