Shares of Edenred (OTCMKTS:EDNMY - Get Free Report) dropped 5.3% during mid-day trading on Friday . The stock traded as low as $13.26 and last traded at $13.26. Approximately 225 shares traded hands during trading, a decline of 97% from the average daily volume of 8,713 shares. The stock had previously closed at $14.00.
Edenred Stock Performance
The firm has a 50-day moving average price of $15.68 and a 200-day moving average price of $16.25.
Edenred Cuts Dividend
The company also recently announced a dividend, which will be paid on Friday, June 27th. Investors of record on Tuesday, June 10th will be issued a dividend of $0.499 per share. This represents a yield of 3.18%. The ex-dividend date is Monday, June 9th.
Edenred Company Profile
(
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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.
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