Aurubis (OTCMKTS:AIAGY) Trading Down 11.9% – Here’s Why

Shares of Aurubis AG (OTCMKTS:AIAGYGet Free Report) fell 11.9% during mid-day trading on Thursday . The company traded as low as $46.10 and last traded at $46.10. 302 shares changed hands during mid-day trading, a decline of 41% from the average session volume of 514 shares. The stock had previously closed at $52.36.

Aurubis Stock Down 11.9 %

The company has a fifty day moving average of $44.35 and a 200 day moving average of $41.25.

Aurubis Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, April 22nd. Shareholders of record on Monday, April 7th will be paid a dividend of $0.7783 per share. This is an increase from Aurubis’s previous dividend of $0.51. The ex-dividend date of this dividend is Monday, April 7th.

Aurubis Company Profile

(Get Free Report)

Aurubis AG processes metal concentrates and recycling materials in Germany. The company processes scrap metals, organic and inorganic metalbearing recycling raw materials, and industrial residues. It also offers wire rods and specialty wires, shapes, bars and profiles, industrial rolled products, and architectural rolled products.

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