Mesabi Trust (NYSE:MSB) Share Price Crosses Above 200 Day Moving Average of $28.36
Shares of Mesabi Trust (NYSE:MSB) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $28.36 and traded as high as $23.96. Mesabi Trust shares last traded at $23.96, with a volume of 1,248 shares changing hands.
The firm has a fifty day moving average of $24.25 and a two-hundred day moving average of $28.36. The company has a market capitalization of $322.23 million, a PE ratio of 6.82 and a beta of 0.75.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 20th. Investors of record on Tuesday, July 30th were issued a dividend of $0.21 per share. The ex-dividend date was Monday, July 29th. This represents a $0.84 dividend on an annualized basis and a yield of 3.42%.
Mesabi Trust Company Profile (NYSE:MSB)
Mesabi Trust, a royalty trust, engages in iron ore mining business in the United States. The company was founded in 1919 and is based in New York, New York.
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