Accelleron Industries (OTCMKTS:ACLLY) Hits New 12-Month High - Should You Buy?

Key Points

• Accelleron Industries shares reached a new 52-week high of C$92.42, with a trading volume of 207 shares on Monday.
• The company recently increased its dividend to $0.8926, reflecting a significant yield of 151.0% compared to its previous dividend of $0.56.
• Accelleron Industries specializes in developing and servicing turbochargers and digital solutions for industries such as marine, power, oil and gas, and rail.

Accelleron Industries AG - Unsponsored ADR (OTCMKTS:ACLLY - )'s share price hit a new 52-week high during trading on Monday . The stock traded as high as C$92.42 and last traded at C$92.42, with a volume of 207 shares. The stock had previously closed at C$92.25.

Accelleron Industries Trading Up 0.2%

The firm's fifty day moving average is C$74.68 and its two-hundred day moving average is C$58.88.

Accelleron Industries Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, June 11th. Stockholders of record on Wednesday, May 28th were given a $0.8926 dividend. This represents a dividend yield of 151.0%. This is a boost from Accelleron Industries's previous dividend of $0.56. The ex-dividend date was Tuesday, May 27th.

About Accelleron Industries

Accelleron Industries AG develops, manufactures, sells, and services turbochargers and digital solutions worldwide. It provides solutions and services to marine, power, oil and gas, and rail industries. The company was incorporated in 2021 and is headquartered in Baden, Switzerland.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.