Iochpe-Maxion S.A. (OTCMKTS:IOCJY - Get Free Report) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.57 and traded as low as $0.56. Iochpe-Maxion shares last traded at $0.56, with a volume of 15,701 shares traded.
Iochpe-Maxion Stock Performance
The company has a market cap of $258.14 million, a PE ratio of 6.99 and a beta of 1.36. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.07 and a current ratio of 1.59. The firm's 50 day moving average is $0.57 and its 200-day moving average is $0.75.
Iochpe-Maxion Increases Dividend
The business also recently declared a dividend, which will be paid on Wednesday, May 7th. Investors of record on Monday, October 7th will be issued a $0.0154 dividend. The ex-dividend date of this dividend is Monday, October 7th. This is a boost from Iochpe-Maxion's previous dividend of $0.00. Iochpe-Maxion's dividend payout ratio (DPR) is currently 25.00%.
Iochpe-Maxion Company Profile
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Iochpe-Maxion SA produces and sells automotive wheels and structural components for commercial and light vehicles in North America, South America, Europe, Asia, and internationally. It operates in two divisions, Maxion Wheels and Maxion Structural Components. The company offers heavy steel wheels; light steel wheels for automobiles, pick-ups, and SUVs, as well as light and medium commercial vehicles; wheels for agricultural machinery; and light aluminum wheels for automobiles.
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