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Orient Overseas International (OTCMKTS:OROVY) Stock Passes Above Fifty Day Moving Average - Here's What Happened

Orient Overseas International logo with Transportation background

Orient Overseas International Ltd. (OTCMKTS:OROVY - Get Free Report) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty 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 traded.

Orient Overseas International Stock Performance

The firm's 50-day simple moving average is $79.00 and its 200 day simple moving average is $72.37.

Orient Overseas International Increases Dividend

The business also recently disclosed 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. The ex-dividend date is Monday, June 2nd. This is a boost from Orient Overseas International's previous dividend of $3.08. This represents a dividend yield of 10.58%.

Orient Overseas International Company Profile

(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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