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Edenred (OTCMKTS:EDNMY) Reaches New 12-Month Low - What's Next?

Edenred logo with Business Services background

Edenred SE (OTCMKTS:EDNMY - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $14.00 and last traded at $14.00, with a volume of 2342 shares traded. The stock had previously closed at $14.98.

Edenred Price Performance

The stock has a 50 day moving average price of $15.92 and a 200-day moving average price of $16.30.

Edenred Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, June 27th. Stockholders of record on Tuesday, June 10th will be paid a $0.499 dividend. This represents a dividend yield of 3.18%. The ex-dividend date of this dividend is Monday, June 9th.

Edenred Company Profile

(Get Free Report)

Edenred SE provides digital platform for services and payments for companies, employees, and merchants worldwide. It offers employee benefit solutions, including Ticket Restaurant, a solution that allows employees to take time out for lunch at a partner merchant; Ticket Alimentación that allows users to pay for groceries in neighborhood stores and supermarkets; Ticket Regalo, a gift voucher; Ticket CESU, a human services solution; Ticket Plus Card, a solution that enables the purchase of staples, such as food and fuel; Ticket Welfare, which employees can use to pay for a range of services, such as access to sports facilities and solutions for their children's educational needs; Ticket Guardería for companies without on-site daycare facilities; Childcare Vouchers; Ticket EcoCheque, a solutions that encourages purchase of environmentally friendly products; Ticket Kadeos Culture and Ticket Cultura that are solutions for cultural goods and services.

Further Reading

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