Edenred (OTCMKTS:EDNMY) Shares Gap Up - Here's What Happened

Key Points

• Edenred shares gapped up from a previous close of $15.45 to open at $16.27 on Friday, reflecting a 5.4% increase.
• The company's dividend of $0.499 per share represents a dividend yield of 3.18%, paid out on June 27th to stockholders of record on June 10th.
• Edenred operates a digital platform providing various employee benefit solutions, including options for meals, groceries, and cultural services.
• The stock's fifty-day and 200-day moving average prices are $15.31 and $16.12, respectively, indicating its performance trend over time.

Edenred (OTCMKTS:EDNMY - ) shares gapped up prior to trading on Friday . The stock had previously closed at $15.45, but opened at $16.27. Edenred shares last traded at $16.27, with a volume of 553 shares trading hands.

Edenred Stock Up 5.4%

The stock's fifty day moving average price is $15.31 and its 200 day moving average price is $16.12.

Edenred Cuts Dividend

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

About Edenred

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.

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.