Minerva (OTCMKTS:MRVSY) Shares Up 4.1% – Here’s Why

Minerva S.A. (OTCMKTS:MRVSYGet Free Report)’s stock price rose 4.1% during mid-day trading on Friday . The stock traded as high as $4.10 and last traded at $4.10. Approximately 100 shares were traded during trading, a decline of 100% from the average daily volume of 63,131 shares. The stock had previously closed at $3.94.

Minerva Stock Performance

The stock has a 50-day moving average price of $4.88 and a two-hundred day moving average price of $4.58.

Minerva Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, June 3rd. Shareholders of record on Wednesday, May 28th were paid a $0.1298 dividend. The ex-dividend date of this dividend was Tuesday, May 27th. This represents a yield of 3.56%.

Minerva Company Profile

(Get Free Report)

Minerva SA produces and sells fresh meat, livestock, and by-products in South America and internationally. The company is also involved in slaughtering, deboning, and processing of cattle, meat, beef, and sheep meat; selling chilled, frozen, and processed meat, as well as beef, pork, and poultry products; exporting and selling live cattle; and breeding and selling live cattle, lambs, pigs, and other live animals.

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