Gruma (OTCMKTS:GPAGF) Stock Price Down 5.7% – What’s Next?

Gruma, S.A.B. de C.V. (OTCMKTS:GPAGFGet Free Report)’s stock price traded down 5.7% on Monday . The company traded as low as $15.89 and last traded at $15.89. 130 shares changed hands during mid-day trading, a decline of 48% from the average session volume of 250 shares. The stock had previously closed at $16.84.

Gruma Stock Performance

The firm’s 50 day moving average is $16.93 and its 200-day moving average is $16.72.

Gruma Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, January 10th were issued a $1.26 dividend. The ex-dividend date of this dividend was Thursday, January 9th. This represents a yield of 1.2%.

About Gruma

(Get Free Report)

Gruma, SAB. de C.V., together with its subsidiaries, produces and sells corn flour, tortillas, and other related products. The company offers corn flour, snacks and/or cereal, beer grits, and polenta; prepared corn or wheat flours for pancakes, cakes, crêpes, brownies, churros, pizza dough, cachapas, sweet arepitas, etc.; corn and wheat tortillas; tortilla chips, taco shells, and tostadas; flatbreads, including wraps, pita bread, naan, chapatti, pizza doughs, piadina, breakfast breads, and crackers; sauces/dips; palmito; pasta; marinades; and rice and oats.

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