Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY) Trading 0.4% Higher

Shares of Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDY) rose 0.4% during trading on Wednesday . The company traded as high as $19.12 and last traded at $18.73. Approximately 90,179 shares traded hands during trading, a decline of 33% from the average daily volume of 135,522 shares. The stock had previously closed at $18.66.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group upgraded Compagnie Générale des Établissements Michelin Société en commandite par actions from an “underperform” rating to a “hold” rating in a report on Thursday.

Compagnie Générale des Établissements Michelin Société en commandite par actions Trading Up 1.0 %

The business has a fifty day moving average price of $19.53 and a 200 day moving average price of $18.76.

Compagnie Générale des Établissements Michelin Société en commandite par actions Dividend Announcement

The company also recently disclosed a dividend, which was paid on Monday, June 10th. Stockholders of record on Tuesday, May 21st were issued a dividend of $0.727 per share. The ex-dividend date was Monday, May 20th.

About Compagnie Générale des Établissements Michelin Société en commandite par actions

Compagnie Générale des Établissements Michelin SCA engages in the manufacture, distribution and sale of tires. Its products and services include tires, mobility services, lifestyle products, Michelin solutions and Michelin engineering and services. The company operates through the following segments: Passenger car and Light truck tires and related distribution, Truck tires and related distribution, and Specialty businesses.