CAR Group (OTCMKTS:CSXXY) Shares Down 11.5% – Here’s Why

CAR Group Limited (OTCMKTS:CSXXYGet Free Report)’s share price fell 11.5% during trading on Thursday . The stock traded as low as $47.86 and last traded at $47.86. 373 shares changed hands during trading, a decline of 32% from the average session volume of 548 shares. The stock had previously closed at $54.07.

CAR Group Stock Performance

The firm has a 50-day moving average price of $46.45 and a 200 day moving average price of $48.92.

CAR Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, April 29th. Stockholders of record on Monday, March 17th will be given a dividend of $0.483 per share. The ex-dividend date of this dividend is Monday, March 17th. This is a positive change from CAR Group’s previous dividend of $0.22.

CAR Group Company Profile

(Get Free Report)

CAR Group Limited engages in the operation of online automotive, motorcycle, and marine classifieds business in Australia, New Zealand, Brazil, South Korea, Malaysia, Indonesia, Thailand, Chile, China, the United States, and Mexico. The company operates through six segments: Australia Online Advertising Services; Australia Data, Research and Services; Investments; North America; Latin America; and Asia segments.

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