EDENRED (OTCMKTS:EDNMY) Shares Gap Up - Here's Why

EDENRED (OTCMKTS:EDNMY - Get Free Report)'s share price gapped up prior to trading on Thursday . The stock had previously closed at $14.30, but opened at $15.45. EDENRED shares last traded at $15.45, with a volume of 100 shares trading hands.

EDENRED Stock Up 3.9%

The stock has a 50 day simple moving average of $15.41 and a two-hundred day simple moving average of $16.20.

EDENRED Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 27th. Shareholders of record on Tuesday, June 10th were issued a dividend of $0.499 per share. 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.