Industria de Diseño Textil (OTCMKTS:IDEXY) Trading Up 0.6% – Time to Buy?

Industria de Diseño Textil, S.A. (OTCMKTS:IDEXY) shares traded up 0.6% during mid-day trading on Thursday . The company traded as high as $29.63 and last traded at $29.52. 119,749 shares changed hands during mid-day trading, a decline of 17% from the average session volume of 144,988 shares. The stock had previously closed at $29.35.

Industria de Diseño Textil Trading Down 0.3 %

The business has a fifty day moving average price of $28.48 and a 200 day moving average price of $26.50.

Industria de Diseño Textil (OTCMKTS:IDEXY) last posted its quarterly earnings data on Wednesday, September 11th. The company reported $0.26 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.26. Industria de Diseño Textil had a net margin of 15.16% and a return on equity of 32.12%. The company had revenue of $10.72 billion for the quarter, compared to the consensus estimate of $10.71 billion. Equities research analysts anticipate that Industria de Diseño Textil, S.A. will post 1.06 EPS for the current year.

Industria de Diseño Textil Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, November 19th. Stockholders of record on Friday, November 1st were given a dividend of $0.2922 per share. This is a positive change from Industria de Diseño Textil’s previous dividend of $0.29. The ex-dividend date was Friday, November 1st. Industria de Diseño Textil’s payout ratio is 58.16%.

About Industria de Diseño Textil

Industria de Diseño Textil, SA engages in the retail and online distribution of clothing, footwear, accessories, and household products. The company sells its products under the Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Zara Home brands. It is also involved in the textile manufacturing, logistics, design, insurance, construction, and real estate businesses, as well as provides financial services.