Eregli Demir ve Çelik Fabrikalari T.A.S. (OTC:ERELY) Shares Up 16.8%

Shares of Eregli Demir ve Çelik Fabrikalari T.A.S. (OTC:ERELYGet Free Report) shot up 16.8% on Thursday . The company traded as high as $7.01 and last traded at $7.01. 1,000 shares traded hands during mid-day trading, an increase of 233% from the average session volume of 300 shares. The stock had previously closed at $6.00.

Eregli Demir ve Çelik Fabrikalari T.A.S. Stock Up 16.8 %

The business has a fifty day simple moving average of $6.24 and a two-hundred day simple moving average of $6.89.

Eregli Demir ve Çelik Fabrikalari T.A.S. Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, May 2nd. Shareholders of record on Tuesday, April 16th were issued a $0.0547 dividend. The ex-dividend date of this dividend was Monday, April 15th. This represents a yield of 0.89%. Eregli Demir ve Çelik Fabrikalari T.A.S.’s payout ratio is currently 68.34%.

Eregli Demir ve Çelik Fabrikalari T.A.S. Company Profile

(Get Free Report)

Eregli Demir ve Çelik Fabrikalari T.A.S., together with its subsidiaries, produces and sells iron and steel rolled products, alloyed and non-alloyed iron, steel and pig iron castings, cast and pressed products, coke, and by-products in Turkey and internationally. Its flat products include hot rolled flat steel products, cold-rolled flat steel products, and galvanized/galvanealed flat steel products; and tin/chrome coated flat steel products used in metal packaging industry.

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