Wienerberger (OTCMKTS:WBRBY) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

Wienerberger AG (OTCMKTS:WBRBY) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $6.98 and traded as high as $7.61. Wienerberger shares last traded at $7.61, with a volume of 3,422 shares trading hands.

Analyst Ratings Changes

WBRBY has been the topic of several recent research reports. UBS Group lowered Wienerberger from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 21st. Citigroup reiterated a “buy” rating on shares of Wienerberger in a research report on Wednesday, May 28th. Finally, Barclays upgraded shares of Wienerberger to a “strong-buy” rating in a research report on Friday, May 23rd.

Wienerberger Trading Up 5.4%

The firm has a 50-day moving average of $6.98 and a 200-day moving average of $6.42.

Wienerberger Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, June 5th. Stockholders of record on Friday, May 23rd were issued a $0.109 dividend. This represents a dividend yield of 1.41%. The ex-dividend date of this dividend was Thursday, May 22nd. Wienerberger’s dividend payout ratio is 305.56%.

Wienerberger Company Profile

Wienerberger AG produces and sells clay blocks, facing bricks, roof tiles, and pavers in Europe. It operates through Wienerberger Building Solutions, Wienerberger Piping Solutions, and North America segments. The company offers wall, façade, and roof system for single, two, and multi-family homes, and non-residential construction; paving and water management for gardens, pavements, and parking areas; and electrical cooling and heating installation, drinking water and wastewater, garden irrigation, irrigation systems and water storage.