Aspen Pharmacare (OTCMKTS:APNHY – Get Free Report)’s stock price gapped up before the market opened on Wednesday after the company announced a dividend. The stock had previously closed at $5.24, but opened at $5.70. Aspen Pharmacare shares last traded at $5.45, with a volume of 520 shares trading hands.
The newly announced dividend which will be paid on Tuesday, October 21st. Shareholders of record on Monday, October 6th will be issued a dividend of $0.0725 per share. This represents a yield of 138.0%. The ex-dividend date of this dividend is Friday, October 3rd.
Aspen Pharmacare Price Performance
The firm’s 50-day simple moving average is $6.08 and its 200 day simple moving average is $6.84. The company has a current ratio of 2.21, a quick ratio of 1.18 and a debt-to-equity ratio of 0.37.
Aspen Pharmacare Company Profile
Aspen Pharmacare Holdings Limited, together with its subsidiaries, manufactures and supplies specialty and branded pharmaceutical products worldwide. It operates in Commercial Pharmaceuticals and Manufacturing segments. The company provides general anesthetics, muscle relaxants, and topical agents under the Anaesthetics brand; and a range of injectable anticoagulants with a focus on low molecular weight heparins, Xa inhibitors, and heparin derivatives under the Thrombosis brand.
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