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Accelleron Industries (OTCMKTS:ACLLY) Sets New 52-Week High - Time to Buy?

Accelleron Industries logo with Industrials background

Key Points

  • Accelleron Industries shares reached a new 52-week high, trading at C$88.35 with a volume of 242 shares, indicating strong market interest.
  • The company has announced a dividend increase to $0.8926 per share, up from a previous dividend of $0.56, resulting in a dividend yield of 1.51%.
  • Accelleron Industries AG specializes in developing and manufacturing turbochargers and digital solutions for various industries, including marine, power, and oil and gas.
  • Looking to Export and Analyze Accelleron Industries Data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Accelleron Industries AG - Unsponsored ADR (OTCMKTS:ACLLY - Get Free Report) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$88.35 and last traded at C$88.35, with a volume of 242 shares. The stock had previously closed at C$88.20.

Accelleron Industries Stock Up 1.4%

The company's 50 day moving average price is C$70.12 and its 200-day moving average price is C$56.75.

Accelleron Industries Increases Dividend

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

About Accelleron Industries

(Get Free Report)

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.

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