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Orient Overseas International (OTCMKTS:OROVY) Stock Price Crosses Below 50 Day Moving Average - Here's What Happened

Orient Overseas International logo with Transportation background

Orient Overseas International Ltd. (OTCMKTS:OROVY - Get Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $85.26 and traded as low as $84.80. Orient Overseas International shares last traded at $84.80, with a volume of 1,013 shares.

Orient Overseas International Stock Performance

The firm has a 50 day moving average of $85.26 and a 200 day moving average of $74.56.

Orient Overseas International Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, July 15th. Shareholders of record on Tuesday, June 3rd were paid a $6.5721 dividend. This represents a yield of 10.58%. The ex-dividend date of this dividend was Monday, June 2nd. This is a boost 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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