Ansell (OTCMKTS:ANSLY) Stock Price Up 2.9% – Here’s Why

Shares of Ansell Limited (OTCMKTS:ANSLY) shot up 2.9% during trading on Monday . The company traded as high as $96.27 and last traded at $96.27. 112 shares changed hands during mid-day trading, a decline of 32% from the average session volume of 165 shares. The stock had previously closed at $93.57.

Analysts Set New Price Targets

Separately, Jefferies Financial Group upgraded Ansell to a “buy” rating in a research note on Tuesday, October 14th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy”.

Ansell Stock Up 2.9%

The stock has a fifty day moving average of $89.62 and a two-hundred day moving average of $83.06.

Ansell Dividend Announcement

The business also recently declared 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 dividend payout ratio (DPR) is presently 56.91%.

About Ansell

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.