Elisa Oyj (OTCMKTS:ELMUY) Stock Price Down 4.1% – Here’s Why

Elisa Oyj (OTCMKTS:ELMUY)’s share price was down 4.1% on Wednesday . The stock traded as low as $22.00 and last traded at $22.00. Approximately 105 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 1,083 shares. The stock had previously closed at $22.93.

Elisa Oyj Price Performance

The company’s 50 day simple moving average is $24.90 and its 200 day simple moving average is $24.58.

Elisa Oyj Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, November 14th. Shareholders of record on Wednesday, October 23rd were paid a $0.6264 dividend. The ex-dividend date was Wednesday, October 23rd. This is a boost from Elisa Oyj’s previous dividend of $0.61. Elisa Oyj’s dividend payout ratio (DPR) is currently 73.17%.

Elisa Oyj Company Profile

Elisa Oyj engages in the provision of telecommunications services in Finland, rest of Europe, and internationally. It operates in two segments: Consumer Customers and Corporate Customers. The company offers data communication services, including fixed and mobile network subscriptions, supplementary digital services, cable-tv subscriptions, and entertainment services, as well as eBook services.