Gruma, S.A.B. de C.V. (OTCMKTS:GPAGF – Get Free Report) shares dropped 3.1% on Tuesday . The stock traded as low as $14.16 and last traded at $15.50. Approximately 620 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 2,777 shares. The stock had previously closed at $16.00.
Gruma Price Performance
The business’s 50 day moving average price is $16.39 and its 200-day moving average price is $17.55.
Gruma Announces Dividend
The company also recently declared a dividend, which will be paid on Friday, January 10th. Stockholders of record on Friday, January 10th will be issued a $1.26 dividend. The ex-dividend date is Thursday, January 9th. This represents a dividend yield of 1.2%.
Gruma Company Profile
Gruma, SAB. de C.V., together with its subsidiaries, produces and sells corn flour, tortillas, and other related products. The company offers corn flour, snacks and/or cereal, beer grits, and polenta; prepared corn or wheat flours for pancakes, cakes, crêpes, brownies, churros, pizza dough, cachapas, sweet arepitas, etc.; corn and wheat tortillas; tortilla chips, taco shells, and tostadas; flatbreads, including wraps, pita bread, naan, chapatti, pizza doughs, piadina, breakfast breads, and crackers; sauces/dips; palmito; pasta; marinades; and rice and oats.
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