Shares of Globe Telecom, Inc. (OTCMKTS:GTMEY – Get Free Report) traded down 0.9% during mid-day trading on Thursday . The stock traded as low as $32.58 and last traded at $32.58. 75 shares traded hands during mid-day trading, a decline of 63% from the average session volume of 200 shares. The stock had previously closed at $32.87.
Globe Telecom Price Performance
The company’s fifty day moving average is $31.43 and its 200-day moving average is $29.43.
Globe Telecom Cuts Dividend
The firm also recently declared a dividend, which was paid on Friday, June 28th. Stockholders of record on Tuesday, May 28th were paid a dividend of $0.2857 per share. The ex-dividend date was Tuesday, May 28th. Globe Telecom’s dividend payout ratio is presently 39.48%.
About Globe Telecom
Globe Telecom, Inc provides telecommunications services to individual customers, small and medium-sized businesses, and corporate and enterprise clients in the Philippines. It operates through Mobile Communications Services and Wireline Communication Services segments. The company offers digital wireless communications services under the Globe Postpaid and Prepaid, and Touch Mobile brands; long distance communication or carrier services; broadband, as well as wireline voice and data communication services; and electronic payment and remittance services under the GCash brand.
Featured Stories
- Five stocks we like better than Globe Telecom
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- What’s Behind Walgreens Stock Plunge: What Investors Can Do Next
- The How And Why of Investing in Oil Stocks
- MarketBeat Week in Review – 6/24 – 6/28
- Utilities Stocks Explained – How and Why to Invest in Utilities
- General Mills Stock Drops After Revenue Miss in Fiscal Q4 2024
Receive News & Ratings for Globe Telecom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Globe Telecom and related companies with MarketBeat.com's FREE daily email newsletter.
