Orica (OTCMKTS:OCLDY) Shares Up 3.8% – Should You Buy?

Orica Limited (OTCMKTS:OCLDYGet Free Report)’s stock price rose 3.8% during trading on Tuesday . The stock traded as high as $9.72 and last traded at $9.72. Approximately 1,265 shares were traded during mid-day trading, an increase of 65% from the average daily volume of 766 shares. The stock had previously closed at $9.36.

Orica Stock Performance

The stock has a fifty day simple moving average of $11.02 and a 200-day simple moving average of $11.62.

Orica Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, November 25th were paid a dividend of $0.1808 per share. This is a boost from Orica’s previous dividend of $0.11. The ex-dividend date was Monday, November 25th. Orica’s payout ratio is presently 52.08%.

About Orica

(Get Free Report)

Orica Limited manufactures, distributes, and sells commercial blasting systems, mining and tunnelling support systems, and various chemical products and services in Australia, Peru, the United States, and internationally. The company provides 4D bulk explosives systems, packaged explosives, initiating systems, boosters, and seismic explosive ranges; technical services and solutions; and supplementary services.

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