Shares of Gafisa S.A. (OTCMKTS:GFASY – Get Free Report) traded up 13.2% during trading on Tuesday . The company traded as high as $2.31 and last traded at $2.31. 120 shares changed hands during trading, a decline of 99% from the average session volume of 8,411 shares. The stock had previously closed at $2.04.
Gafisa Price Performance
The stock’s 50-day moving average price is $2.97 and its two-hundred day moving average price is $3.17.
Gafisa Cuts Dividend
The firm also recently announced a dividend, which was paid on Tuesday, April 23rd. Shareholders of record on Tuesday, April 16th were paid a dividend of $0.0112 per share. This represents a dividend yield of 0.37%. The ex-dividend date of this dividend was Monday, April 15th.
About Gafisa
Gafisa SA operates as a development and construction company under the Gafisa brand name in Brazil. The company is involved in residential, commercial, and hotel projects. It also provides technical consultancy services, and real estate management and construction services to third parties. Gafisa SA was founded in 1954 and is headquartered in São Paulo, Brazil.
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