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Kumba Iron Ore (OTCMKTS:KIROY) Share Price Crosses Below 200-Day Moving Average - Time to Sell?

Kumba Iron Ore logo with Basic Materials background

Kumba Iron Ore Limited (OTCMKTS:KIROY - Get Free Report)'s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $6.35 and traded as low as $5.46. Kumba Iron Ore shares last traded at $5.46, with a volume of 15,420 shares traded.

Kumba Iron Ore Stock Performance

The company's 50-day moving average is $6.15 and its 200 day moving average is $6.35.

Kumba Iron Ore Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, March 27th. Stockholders of record on Friday, March 14th were issued a dividend of $0.3586 per share. This is a boost from Kumba Iron Ore's previous dividend of $0.25. The ex-dividend date of this dividend was Friday, March 14th.

About Kumba Iron Ore

(Get Free Report)

Kumba Iron Ore Limited, together with its subsidiaries, engages in the exploration, extraction, beneficiation, marketing, sale, and shipping of iron ore for the steel industry primarily in South Africa, China, rest of Asia, Europe, the Middle East, and North Africa. It produces iron ore at Sishen and Kolomela mines in the Northern Cape Province.

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