Raia Drogasil (OTCMKTS:RADLY) Trading 11.7% Higher – Here’s Why

Raia Drogasil S.A. (OTCMKTS:RADLYGet Free Report) shares traded up 11.7% on Tuesday . The company traded as high as $3.56 and last traded at $3.56. 12,579 shares traded hands during mid-day trading, a decline of 38% from the average session volume of 20,440 shares. The stock had previously closed at $3.19.

Raia Drogasil Stock Up 11.7%

The business has a fifty day moving average of $2.80 and a two-hundred day moving average of $3.06.

Raia Drogasil Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, December 15th. Investors of record on Tuesday, July 15th will be issued a $0.0092 dividend. The ex-dividend date is Monday, July 14th. This represents a dividend yield of 164.0%. This is an increase from Raia Drogasil’s previous dividend of $0.01.

Raia Drogasil Company Profile

(Get Free Report)

Raia Drogasil SA engages in the retail sale of medicines, perfumery, personal care and beauty products, cosmetics, dermocosmetics, and specialty medicines in Brazil. It also markets its goods through telesales and call centers in the states of São Paulo, Tocantins, and Pernambuco. The company was founded in 1905 and is headquartered in São Paulo, Brazil.

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