Vossloh (OTCMKTS:VOSSY) Trading 3.7% Higher – Here’s What Happened

Vossloh AG (OTCMKTS:VOSSYGet Free Report) shares were up 3.7% during mid-day trading on Monday . The company traded as high as $10.58 and last traded at $10.58. Approximately 199 shares were traded during trading, a decline of 82% from the average daily volume of 1,090 shares. The stock had previously closed at $10.20.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Vossloh in a research report on Friday.

View Our Latest Stock Analysis on Vossloh

Vossloh Stock Up 3.7%

The stock has a 50 day simple moving average of $8.87 and a 200 day simple moving average of $6.49.

Vossloh Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, May 27th. Investors of record on Monday, May 12th were given a dividend of $0.0652 per share. The ex-dividend date of this dividend was Friday, May 9th. This represents a dividend yield of 0.83%.

About Vossloh

(Get Free Report)

Vossloh AG provides rail infrastructure products and services in Germany and internationally. It operates through three divisions: Core Components, Customized Modules, and Lifecycle Solutions. The Core Components division develops, produces, and markets rail fastening systems for heavy-haul and high-speed lines, as well as urban transport applications.

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