Gruma (OTCMKTS:GPAGF) Shares Down 6.9% – Here’s Why

Gruma, S.A.B. de C.V. (OTCMKTS:GPAGFGet Free Report) shares traded down 6.9% on Friday . The stock traded as low as $17.50 and last traded at $17.50. 200 shares traded hands during mid-day trading, a decline of 33% from the average session volume of 300 shares. The stock had previously closed at $18.79.

Gruma Price Performance

The firm has a 50-day moving average price of $16.24 and a two-hundred day moving average price of $17.25.

Gruma Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, January 10th were given a $1.26 dividend. The ex-dividend date of this dividend was Thursday, January 9th. This represents a yield of 1.2%.

About Gruma

(Get Free Report)

Gruma, SAB. de C.V., together with its subsidiaries, produces and sells corn flour, tortillas, and other related products. The company offers corn flour, snacks and/or cereal, beer grits, and polenta; prepared corn or wheat flours for pancakes, cakes, crêpes, brownies, churros, pizza dough, cachapas, sweet arepitas, etc.; corn and wheat tortillas; tortilla chips, taco shells, and tostadas; flatbreads, including wraps, pita bread, naan, chapatti, pizza doughs, piadina, breakfast breads, and crackers; sauces/dips; palmito; pasta; marinades; and rice and oats.

Further Reading

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