Shares of Raia Drogasil S.A. (OTCMKTS:RADLY – Get Free Report) dropped 6.4% during trading on Friday . The stock traded as low as $2.80 and last traded at $2.80. Approximately 1,196 shares traded hands during mid-day trading, a decline of 79% from the average daily volume of 5,678 shares. The stock had previously closed at $2.99.
Raia Drogasil Stock Performance
The company’s 50 day moving average price is $3.36 and its 200 day moving average price is $3.71.
Raia Drogasil Cuts Dividend
The business also recently announced a dividend, which will be paid on Thursday, December 11th. Shareholders of record on Tuesday, April 15th will be given a dividend of $0.0082 per share. The ex-dividend date is Monday, April 14th. This represents a yield of 1.39%.
About Raia Drogasil
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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