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Edenred (OTCMKTS:EDNMY) Stock Price Up 1% - Time to Buy?

Edenred logo with Business Services background

Edenred (OTCMKTS:EDNMY - Get Free Report) rose 1% during mid-day trading on Tuesday . The stock traded as high as $15.00 and last traded at $14.65. Approximately 1,980 shares were traded during mid-day trading, a decline of 62% from the average daily volume of 5,256 shares. The stock had previously closed at $14.50.

Edenred Stock Up 1.0%

The firm's 50 day simple moving average is $15.59 and its 200-day simple moving average is $16.23.

Edenred Cuts Dividend

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

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.

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