Elisa Oyj (OTCMKTS:ELMUY) Shares Down 4.1% – Should You Sell?

Elisa Oyj (OTCMKTS:ELMUY) shares were down 4.1% during trading on Wednesday . The company traded as low as $22.00 and last traded at $22.00. Approximately 105 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 1,083 shares. The stock had previously closed at $22.93.

Elisa Oyj Stock Down 4.1 %

The stock’s fifty day moving average price is $25.02 and its 200-day moving average price is $24.61.

Elisa Oyj Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, November 14th. Investors of record on Wednesday, October 23rd were paid a $0.6264 dividend. The ex-dividend date of this dividend was Wednesday, October 23rd. This is a positive change from Elisa Oyj’s previous dividend of $0.61. Elisa Oyj’s dividend payout ratio is 73.17%.

About Elisa Oyj

Elisa Oyj engages in the provision of telecommunications services in Finland, rest of Europe, and internationally. It operates in two segments: Consumer Customers and Corporate Customers. The company offers data communication services, including fixed and mobile network subscriptions, supplementary digital services, cable-tv subscriptions, and entertainment services, as well as eBook services.