ConvaTec Group (OTCMKTS:CNVVY) Shares Down 0.3% – Here’s What Happened

ConvaTec Group PLC (OTCMKTS:CNVVYGet Free Report) shares fell 0.3% on Tuesday . The company traded as low as $13.06 and last traded at $13.08. 9,516 shares traded hands during trading, a decline of 76% from the average session volume of 39,760 shares. The stock had previously closed at $13.12.

Analyst Ratings Changes

Separately, Royal Bank Of Canada upgraded shares of ConvaTec Group from a “hold” rating to a “moderate buy” rating in a report on Thursday, August 21st.

Check Out Our Latest Analysis on CNVVY

ConvaTec Group Price Performance

The firm’s 50 day moving average price is $12.80 and its two-hundred day moving average price is $13.77.

ConvaTec Group Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, October 16th. Stockholders of record on Monday, August 25th were paid a $0.0596 dividend. The ex-dividend date was Friday, August 22nd. This represents a dividend yield of 176.0%.

ConvaTec Group Company Profile

(Get Free Report)

ConvaTec Group PLC engages in the development, manufacturing, and sale of medical products, services, and technologies in Europe, North America, and internationally. The company offers advanced wound dressings and skin care products for the management of acute and chronic wounds resulting from various conditions, such as diabetes, and acute conditions resulting from traumatic injury and burns.

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