Raia Drogasil (OTCMKTS:RADLY) Shares Up 6.7% – Time to Buy?

Shares of Raia Drogasil S.A. (OTCMKTS:RADLYGet Free Report) rose 6.7% during trading on Wednesday . The stock traded as high as $3.98 and last traded at $3.73. Approximately 25,089 shares traded hands during mid-day trading, an increase of 61% from the average daily volume of 15,610 shares. The stock had previously closed at $3.49.

Raia Drogasil Stock Performance

The stock’s 50 day moving average is $4.04 and its two-hundred day moving average is $4.62.

Raia Drogasil Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, June 9th. Shareholders of record on Thursday, December 12th will be given a dividend of $0.0119 per share. This is a boost from Raia Drogasil’s previous dividend of $0.01. The ex-dividend date is Thursday, December 12th.

About Raia Drogasil

(Get Free Report)

Raia Drogasil SA engages in the retail sale of medicines, perfumery, personal care and beauty products, cosmetics, dermocosmetics, and specialty medicines in Brazil. It also markets its goods through telesales and call centers in the states of São Paulo, Tocantins, and Pernambuco. The company was founded in 1905 and is headquartered in São Paulo, Brazil.

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