Motor Oil (Hellas) Corinth Refineries (OTCMKTS:MOHCY) Trading Down 8.3% – What’s Next?

Posted by ABMN Staff on Dec 19th, 2024

Motor Oil (Hellas) Corinth Refineries S.A. (OTCMKTS:MOHCY – Get Free Report) shares traded down 8.3% during mid-day trading on Wednesday . The company traded as low as $11.01 and last traded at $11.01. 500 shares changed hands during mid-day trading, an increase of 47% from the average session volume of 340 shares. The stock had previously closed at $12.00.

Motor Oil (Hellas) Corinth Refineries Stock Performance

The company’s 50 day simple moving average is $9.96 and its 200 day simple moving average is $10.99.

Motor Oil (Hellas) Corinth Refineries Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, January 21st. Investors of record on Friday, December 27th will be issued a dividend of $0.1574 per share. The ex-dividend date is Friday, December 27th. Motor Oil (Hellas) Corinth Refineries’s payout ratio is -576.31%.

About Motor Oil (Hellas) Corinth Refineries

(Get Free Report)

Motor Oil (Hellas) Corinth Refineries SA engages in oil refining and oil products trading in Greece and internationally. It operates through four segments: Refining Activity, Fuels' Marketing Activity, Power & Gas, and Other. The company produces and sells liquid fuels, lubricants, and asphalt for transportation, industrial, and household use.