EDENRED (OTCMKTS:EDNMY) Shares Gap Down - What's Next?

EDENRED (OTCMKTS:EDNMY - Get Free Report) shares gapped down before the market opened on Wednesday . The stock had previously closed at $15.35, but opened at $14.50. EDENRED shares last traded at $14.50, with a volume of 329 shares changing hands.

EDENRED Price Performance

The stock has a 50 day moving average of $15.31 and a 200-day moving average of $16.17.

EDENRED Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, June 27th. Stockholders of record on Tuesday, June 10th were given a dividend of $0.499 per share. This represents a dividend yield of 3.18%. The ex-dividend date was Monday, June 9th.

EDENRED Company Profile

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.