Tiger Brands Limited (OTCMKTS:TBLMY)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $12.87 and traded as low as $12.06. Tiger Brands shares last traded at $12.37, with a volume of 615 shares traded.
The firm has a 50-day simple moving average of $11.93 and a 200-day simple moving average of $12.84.
The business also recently announced a dividend, which will be paid on Thursday, January 27th. Shareholders of record on Friday, January 14th will be given a dividend of $0.2322 per share. The ex-dividend date of this dividend is Thursday, January 13th. This represents a dividend yield of 3.39%.
Tiger Brands Ltd. engages in the manufacture of branded food, home, and personal care products. It operates through the following segments: Grains; Consumer Brands; Exports and International; and Other. The Grains segment includes milling; sorghum beverage and breakfast, rice; and pasta. The Consumer Brands segment covers groceries; snacks; treats and beverage; meat products; and home, personal care and baby products.
Further Reading: Candlestick
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