Polaris Renewable Energy (OTCMKTS:RAMPF) Trading Down 2% – What’s Next?

Polaris Renewable Energy Inc. (OTCMKTS:RAMPF)’s share price traded down 2% during trading on Wednesday . The company traded as low as $9.26 and last traded at $9.26. 2,125 shares changed hands during trading, an increase of 38% from the average session volume of 1,545 shares. The stock had previously closed at $9.45.

Polaris Renewable Energy Stock Down 2.0 %

The company’s 50 day moving average price is $9.14 and its 200 day moving average price is $9.12.

Polaris Renewable Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Monday, November 11th were given a $0.15 dividend. The ex-dividend date of this dividend was Friday, November 8th. This represents a $0.60 dividend on an annualized basis and a yield of 6.48%.

Polaris Renewable Energy Company Profile

Polaris Renewable Energy Inc engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America. It operates 82 megawatts (MW) net geothermal facility in Nicaragua; and 3 run-of-river hydroelectric facilities in Peru, with combined capacity of approximately 33 MW; a 25 MW solar plant facility in the Dominican Republic; a 6 MW run-of-river hydroelectric facility in Ecuador; and a 10 MW solar plant in Panama.