Elisa Oyj (OTCMKTS:ELMUY) Stock Price Up 9.6% – Still a Buy?

Shares of Elisa Oyj (OTCMKTS:ELMUY) traded up 9.6% on Friday . The company traded as high as $25.19 and last traded at $25.19. 825 shares changed hands during mid-day trading, a decline of 25% from the average session volume of 1,107 shares. The stock had previously closed at $22.99.

Elisa Oyj Stock Up 9.6 %

The business has a fifty day moving average price of $25.06 and a two-hundred day moving average price of $24.46.

Elisa Oyj Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, November 14th. Stockholders of record on Wednesday, October 23rd were given a $0.6264 dividend. The ex-dividend date was Wednesday, October 23rd. This is an increase from Elisa Oyj’s previous dividend of $0.61. Elisa Oyj’s dividend payout ratio (DPR) is 73.17%.

About Elisa Oyj

Elisa Oyj engages in the provision of telecommunications services in Finland, rest of Europe, and internationally. It operates in two segments: Consumer Customers and Corporate Customers. The company offers data communication services, including fixed and mobile network subscriptions, supplementary digital services, cable-tv subscriptions, and entertainment services, as well as eBook services.