Thule Group AB (publ) (OTCMKTS:THUPY) Shares Down 1% – Here’s Why

Thule Group AB (publ) (OTCMKTS:THUPY)’s stock price fell 1% during mid-day trading on Wednesday . The stock traded as low as $14.04 and last traded at $14.04. 282 shares traded hands during trading, a decline of 67% from the average session volume of 849 shares. The stock had previously closed at $14.18.

Thule Group AB (publ) Stock Performance

The business has a 50-day moving average of $14.17 and a 200 day moving average of $14.12.

Thule Group AB (publ) Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, October 25th. Shareholders of record on Monday, October 7th will be issued a $0.2332 dividend. This is a boost from Thule Group AB (publ)’s previous dividend of $0.22. The ex-dividend date of this dividend is Monday, October 7th.

Thule Group AB (publ) Company Profile

Thule Group AB (publ) operates as a sports and outdoor company in Sweden and internationally. The company offers roof racks, roof boxes, and carriers for transporting cycling, water, and winter sports equipment; rooftop tents mounted on a car; awnings, bike carriers, and tents for RVs and caravans; bike trailers, child bike seats, and strollers; luggage, backpacks, and laptop and sport bags; and hiking backpacks, camera bags, and cases for consumer electronics.