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Orient Overseas International (OTCMKTS:OROVY) Stock Price Passes Above 50 Day Moving Average - Should You Sell?

Orient Overseas International logo with Transportation background

Orient Overseas International Ltd. (OTCMKTS:OROVY - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $82.14 and traded as high as $87.00. Orient Overseas International shares last traded at $87.00, with a volume of 138 shares trading hands.

Orient Overseas International Stock Performance

The firm has a 50 day simple moving average of $82.85 and a two-hundred day simple moving average of $73.81.

Orient Overseas International Increases Dividend

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

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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