Thales (OTCMKTS:THLLY) Shares Down 3.1% – What’s Next?

Shares of Thales S.A. (OTCMKTS:THLLY) dropped 3.1% on Tuesday . The company traded as low as $57.45 and last traded at $57.56. Approximately 28,812 shares traded hands during trading, a decline of 70% from the average daily volume of 95,705 shares. The stock had previously closed at $59.39.

Thales Trading Down 3.1%

The company’s 50-day moving average is $57.76 and its 200-day moving average is $48.76.

Thales Increases Dividend

The company also recently announced a dividend, which was paid on Friday, June 13th. Stockholders of record on Tuesday, May 20th were given a dividend of $0.4525 per share. The ex-dividend date was Monday, May 19th. This represents a dividend yield of 1.02%. This is an increase from Thales’s previous dividend of $0.18.

Thales Company Profile

Thales SA provides various solutions in the defence and security, aerospace and space, digital identity and security, and transport markets worldwide. It operates through Aerospace, Defence & Security, Digital Identity & Security, and Ground Transportation Systems business segments. The company offers communications, command, and control systems; mission services and support; protection and mission/combat systems; surveillance, detection, and intelligence systems; training and simulation solutions for air, land, naval, and joint forces; and digital identity and security solutions.