Shares of Raia Drogasil S.A. (OTCMKTS:RADLY – Get Free Report) dropped 7.9% on Thursday . The stock traded as low as $4.40 and last traded at $4.42. Approximately 12,295 shares changed hands during mid-day trading, a decline of 60% from the average daily volume of 30,623 shares. The stock had previously closed at $4.80.
Raia Drogasil Trading Down 7.9 %
The business has a fifty day moving average price of $4.98 and a 200-day moving average price of $4.98.
Raia Drogasil Increases Dividend
The business also recently announced a dividend, which will be paid on Monday, December 16th. Shareholders of record on Tuesday, October 15th will be paid a dividend of $0.0091 per share. The ex-dividend date is Tuesday, October 15th. This is a boost from Raia Drogasil’s previous dividend of $0.01.
Raia Drogasil Company Profile
Raia Drogasil SA engages in the retail sale of medicines, perfumery, personal care and beauty products, cosmetics, dermocosmetics, and specialty medicines in Brazil. It also markets its goods through telesales and call centers in the states of São Paulo, Tocantins, and Pernambuco. The company was founded in 1905 and is headquartered in São Paulo, Brazil.
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