Jardine Cycle & Carriage (OTCMKTS:JCYGY) Stock Price Up 2.5% – Here’s Why

Jardine Cycle & Carriage Limited (OTCMKTS:JCYGYGet Free Report)’s share price traded up 2.5% during trading on Tuesday . The stock traded as high as $42.70 and last traded at $42.70. 357 shares changed hands during trading, a decline of 90% from the average session volume of 3,512 shares. The stock had previously closed at $41.65.

Jardine Cycle & Carriage Stock Performance

The firm has a 50 day moving average price of $42.30 and a 200 day moving average price of $40.58.

Jardine Cycle & Carriage Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, October 11th. Shareholders of record on Wednesday, September 4th were given a dividend of $0.51 per share. The ex-dividend date of this dividend was Wednesday, September 4th. Jardine Cycle & Carriage’s dividend payout ratio (DPR) is 41.61%.

Jardine Cycle & Carriage Company Profile

(Get Free Report)

Jardine Cycle & Carriage Limited, an investment holding company, engages in the financial services, heavy equipment, mining, construction and energy, agribusiness, infrastructure and logistics, information technology, and property businesses in Indonesia and internationally. It manufactures, assembles, distributes, and retails motor vehicles and motorcycles; and provides aftersales services, as well as manufactures and distributes automotive components.

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