Gjensidige Forsikring ASA (OTCMKTS:GJNSY) Stock Price Down 3.3% – Should You Sell?

Gjensidige Forsikring ASA (OTCMKTS:GJNSYGet Free Report)’s share price dropped 3.3% during trading on Tuesday . The company traded as low as $24.23 and last traded at $24.23. Approximately 468 shares changed hands during trading, a decline of 83% from the average daily volume of 2,782 shares. The stock had previously closed at $25.05.

Gjensidige Forsikring ASA Price Performance

The company has a 50-day simple moving average of $22.73 and a two-hundred day simple moving average of $19.99.

Gjensidige Forsikring ASA Increases Dividend

The business also recently declared a dividend, which was paid on Monday, April 14th. Investors of record on Monday, March 24th were issued a $0.5961 dividend. This is an increase from Gjensidige Forsikring ASA’s previous dividend of $0.57. The ex-dividend date was Monday, March 24th. Gjensidige Forsikring ASA’s payout ratio is 122.66%.

About Gjensidige Forsikring ASA

(Get Free Report)

Gjensidige Forsikring ASA engages in the provision of general insurance and pension products in Norway, Sweden, Denmark, Latvia, Lithuania, and Estonia. The company operates through five segments: General Insurance Private, General Insurance Commercial, General Insurance Sweden, General Insurance Baltics, and Pension.

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