Ayala (OTCMKTS:AYALY) Trading Down 17.7% – Should You Sell?

Ayala Co. (OTCMKTS:AYALYGet Free Report)’s stock price was down 17.7% during mid-day trading on Tuesday . The stock traded as low as $8.20 and last traded at $8.20. Approximately 200 shares were traded during mid-day trading, a decline of 63% from the average daily volume of 543 shares. The stock had previously closed at $9.96.

Ayala Stock Performance

The business has a 50 day moving average of $10.78 and a 200 day moving average of $10.03.

Ayala Increases Dividend

The company also recently declared a dividend, which was paid on Monday, August 25th. Shareholders of record on Friday, July 25th were paid a dividend of $0.0448 per share. The ex-dividend date of this dividend was Thursday, July 24th. This represents a dividend yield of 84.0%. This is an increase from Ayala’s previous dividend of $0.04. Ayala’s dividend payout ratio is 10.72%.

About Ayala

(Get Free Report)

Ayala Corporation engages in the real estate and hotel businesses in the Philippines, Europe, Asia, and the United States. It develops, constructs, leases, and sells residential and commercial lots, as well as develops and sells leisure properties; manages land bank; operates hotels, cinema, and theaters; and provides construction and property management services.

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