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Orient Overseas International (OTCMKTS:OROVY) Shares Cross Above 50-Day Moving Average - Should You Sell?

Orient Overseas International logo with Transportation background

Orient Overseas International Ltd. (OTCMKTS:OROVY - Get Free Report) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $78.52 and traded as high as $84.54. Orient Overseas International shares last traded at $84.54, with a volume of 623 shares trading hands.

Orient Overseas International Stock Performance

The company's 50 day moving average is $78.52 and its two-hundred day moving average is $72.12.

Orient Overseas International Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, July 15th. Investors of record on Tuesday, June 3rd will be paid a dividend of $6.5721 per share. This represents a yield of 10.58%. This is a boost from Orient Overseas International's previous dividend of $3.08. The ex-dividend date is Monday, June 2nd.

About Orient Overseas International

(Get Free Report)

Orient Overseas (International) Limited, an investment holding company, provides container transport and logistics services in Asia, Europe, Australia, and North America. The company offers supply chain management services; and containerised shipping services in various trade lanes comprising Trans-Pacific, Trans-Atlantic, Asia/Europe, Asia/Australia, and Intra-Asia trades.

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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.

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