Shares of Localiza Rent a Car S.A. (OTCMKTS:LZRFY – Get Free Report) dropped 0.7% on Tuesday . The company traded as low as $5.58 and last traded at $5.68. Approximately 65,021 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 87,604 shares. The stock had previously closed at $5.72.
Localiza Rent a Car Stock Performance
The firm has a 50 day moving average price of $5.31 and a 200-day moving average price of $6.71.
Localiza Rent a Car Cuts Dividend
The firm also recently announced a dividend, which was paid on Tuesday, February 18th. Shareholders of record on Monday, December 23rd were given a dividend of $0.0582 per share. The ex-dividend date was Monday, December 23rd. Localiza Rent a Car’s payout ratio is currently 13.86%.
Localiza Rent a Car Company Profile
Localiza Rent a Car SA engages in car and fleet rental business. The company is also involved in granting franchises; sale of decommissioned and used cars; provision of sundry automotive, and travel and tourism services; and managing claims for insurance companies, as well as provision of tracking and telemetry services.
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