Ansell (OTCMKTS:ANSLY) Trading Down 2.6% – What’s Next?

Ansell Limited (OTCMKTS:ANSLY) shares fell 2.6% during mid-day trading on Monday . The company traded as low as $86.25 and last traded at $86.25. 241 shares traded hands during trading, an increase of 39% from the average session volume of 173 shares. The stock had previously closed at $88.57.

Analysts Set New Price Targets

Separately, Jefferies Financial Group upgraded Ansell to a “buy” rating in a research report on Tuesday, October 14th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Ansell Stock Performance

The stock has a 50-day moving average price of $86.05 and a 200-day moving average price of $81.12.

Ansell Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, October 3rd. Shareholders of record on Friday, September 5th were issued a $1.05 dividend. This represents a yield of 236.0%. The ex-dividend date was Thursday, September 4th. Ansell’s payout ratio is presently 56.91%.

Ansell Company Profile

Ansell Limited designs, develops, and manufactures protection solutions in the Asia Pacific, Europe, the Middle East, Africa, Latin America, the Caribbean, and North America. It operates in two segments, Healthcare and Industrial. The Healthcare segment manufactures and markets solutions comprising surgical gloves, single use and examination gloves, and clean and sterile gloves and garments, as well as consumables used by hospitals, surgical centers, dental practices, veterinary clinics, first responders, manufacturers, auto repair shops, chemical plants, laboratories, and life sciences and pharmaceutical companies.