Mytilineos (OTCMKTS:MYTHY) Shares Up 9% – Still a Buy?

Shares of Mytilineos S.A. (OTCMKTS:MYTHYGet Free Report) were up 9% on Monday . The stock traded as high as $60.00 and last traded at $60.00. Approximately 364 shares traded hands during trading, a decline of 89% from the average daily volume of 3,402 shares. The stock had previously closed at $55.04.

Mytilineos Stock Performance

The company has a 50 day moving average price of $53.49 and a two-hundred day moving average price of $46.63.

Mytilineos Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, July 17th. Stockholders of record on Monday, June 30th were issued a dividend of $1.5558 per share. The ex-dividend date was Friday, June 27th. This represents a dividend yield of 313.0%. This is a boost from Mytilineos’s previous dividend of $1.48.

Mytilineos Company Profile

(Get Free Report)

Mytilineos SA operates in metallurgy, sustainable engineering solution, renewables and storage development, and power and gas sectors in Greece, the European Union, Hellas, and internationally. The company engages in the development and contract of solar and energy storage projects. It is involved in contract of specialized large-scale integrated turn-key projects; and provision of photovoltaic construction; and environmental solutions for water and waste management, pollution prevention, energy, and air emissions.

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