Paul Mueller (OTCMKTS:MUEL) Shares Down 7.5% – Here’s What Happened

Shares of Paul Mueller Co. (OTCMKTS:MUEL) were down 7.5% on Tuesday . The company traded as low as $393.00 and last traded at $421.00. Approximately 186 shares traded hands during mid-day trading, a decline of 2% from the average daily volume of 190 shares. The stock had previously closed at $454.99.

Paul Mueller Stock Performance

The company has a market cap of $378.90 million, a P/E ratio of 10.47 and a beta of 0.15. The company has a quick ratio of 1.08, a current ratio of 1.40 and a debt-to-equity ratio of 0.05. The stock’s 50-day moving average price is $427.26 and its 200 day moving average price is $433.63.

Paul Mueller Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, December 29th. Shareholders of record on Thursday, November 27th were issued a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, November 26th. This represents a yield of 26.0%. Paul Mueller’s dividend payout ratio is 2.99%.

About Paul Mueller

Paul Mueller Company designs and manufactures stainless steel, aluminum and other corrosion-resistant metal equipment for industrial and hygienic applications. Its core offerings include storage tanks, pressure vessels, pasteurizers, fermenters, mixers, fillers and custom process systems. The company also provides engineering design, installation, field services and aftermarket support, ensuring its equipment meets stringent safety, hygiene and regulatory standards.

Founded in 1940 and headquartered in Springfield, Missouri, Paul Mueller Company has grown from a regional fabricator into a publicly traded supplier with manufacturing facilities in multiple U.S.