Thule Group AB (publ) (OTCMKTS:THUPY) Trading Down 2.9% – Here’s What Happened

Thule Group AB (publ) (OTCMKTS:THUPY)’s stock price dropped 2.9% during trading on Thursday . The company traded as low as $15.31 and last traded at $15.31. Approximately 505 shares traded hands during trading, a decline of 38% from the average daily volume of 813 shares. The stock had previously closed at $15.77.

Thule Group AB (publ) Price Performance

The company’s fifty day moving average is $15.12 and its 200-day moving average is $14.45.

Thule Group AB (publ) Increases Dividend

The business also recently announced a dividend, which was paid on Friday, October 25th. Investors of record on Monday, October 7th were issued a $0.2332 dividend. The ex-dividend date of this dividend was Monday, October 7th. This is a boost from Thule Group AB (publ)’s previous dividend of $0.22.

Thule Group AB (publ) Company Profile

Thule Group AB (publ) operates as a sports and outdoor company in Sweden and internationally. The company offers roof racks, roof boxes, and carriers for transporting cycling, water, and winter sports equipment; rooftop tents mounted on a car; awnings, bike carriers, and tents for RVs and caravans; bike trailers, child bike seats, and strollers; luggage, backpacks, and laptop and sport bags; and hiking backpacks, camera bags, and cases for consumer electronics.