Tomra Systems ASA (OTCMKTS:TMRAY) Trading Down 0.6% – Here’s What Happened

Tomra Systems ASA (OTCMKTS:TMRAYGet Free Report)’s stock price fell 0.6% during trading on Thursday . The stock traded as low as $15.90 and last traded at $15.90. 100 shares were traded during trading, a decline of 97% from the average session volume of 3,200 shares. The stock had previously closed at $16.00.

Analysts Set New Price Targets

Separately, Kepler Capital Markets raised shares of Tomra Systems ASA from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 8th.

View Our Latest Analysis on Tomra Systems ASA

Tomra Systems ASA Stock Down 0.6%

The business has a 50 day moving average of $14.77 and a two-hundred day moving average of $14.45.

Tomra Systems ASA Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, May 30th. Shareholders of record on Friday, May 9th were given a dividend of $0.133 per share. This is a boost from Tomra Systems ASA’s previous dividend of $0.12. The ex-dividend date was Thursday, May 8th. This represents a yield of 0.85%. Tomra Systems ASA’s dividend payout ratio (DPR) is presently 5.28%.

About Tomra Systems ASA

(Get Free Report)

Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. It operates through three segments: TOMRA Collection, TOMRA Recycling, and TOMRA Food. The TOMRA Collection segment engages in the development, production, sale, and service of reverse vending machines and related data management systems.

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