Motor Oil (Hellas) Corinth Refineries (OTCMKTS:MOHCY) Shares Down 4.8% – Should You Sell?

Motor Oil (Hellas) Corinth Refineries S.A. (OTCMKTS:MOHCY)’s share price traded down 4.8% during mid-day trading on Friday . The stock traded as low as $15.75 and last traded at $15.75. 500 shares traded hands during trading, a decline of 65% from the average session volume of 1,425 shares. The stock had previously closed at $16.54.

Motor Oil (Hellas) Corinth Refineries Stock Performance

The firm has a 50 day simple moving average of $14.25 and a 200-day simple moving average of $12.93.

Motor Oil (Hellas) Corinth Refineries Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, July 17th. Shareholders of record on Tuesday, July 1st were paid a dividend of $0.5452 per share. This is an increase from Motor Oil (Hellas) Corinth Refineries’s previous dividend of $0.16. This represents a yield of 497.0%. The ex-dividend date was Monday, June 30th. Motor Oil (Hellas) Corinth Refineries’s dividend payout ratio is currently -576.31%.

Motor Oil (Hellas) Corinth Refineries Company Profile

Motor Oil (Hellas) Corinth Refineries SA engages in oil refining and oil products trading in Greece and internationally. It operates through four segments: Refining Activity, Fuels' Marketing Activity, Power & Gas, and Other. The company produces and sells liquid fuels, lubricants, and asphalt for transportation, industrial, and household use.