ConvaTec Group PLC (OTCMKTS:CNVVY – Get Free Report)’s stock price fell 2% on Thursday . The company traded as low as $11.40 and last traded at $11.40. 7,732 shares traded hands during mid-day trading, a decline of 69% from the average session volume of 25,340 shares. The stock had previously closed at $11.63.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on CNVVY shares. UBS Group raised ConvaTec Group to a “strong-buy” rating in a report on Wednesday, June 26th. Berenberg Bank upgraded ConvaTec Group to a “strong-buy” rating in a report on Tuesday, August 6th. Finally, Barclays raised shares of ConvaTec Group to a “strong-buy” rating in a research report on Wednesday, July 31st.
Get Our Latest Analysis on CNVVY
ConvaTec Group Trading Down 2.0 %
ConvaTec Group Cuts Dividend
The company also recently declared a dividend, which was paid on Monday, October 21st. Investors of record on Friday, August 23rd were paid a dividend of $0.0584 per share. The ex-dividend date of this dividend was Friday, August 23rd.
ConvaTec Group Company Profile
ConvaTec Group PLC engages in the development, manufacturing, and sale of medical products, services, and technologies in Europe, North America, and internationally. The company offers advanced wound dressings and skin care products for the management of acute and chronic wounds resulting from various conditions, such as diabetes, and acute conditions resulting from traumatic injury and burns.
Read More
- Five stocks we like better than ConvaTec Group
- Consumer Discretionary Stocks Explained
- Why Meta’s Pre-Earnings Dip Could Be A Golden Entry Opportunity
- Options Trading – Understanding Strike Price
- Spirit Airlines Stock Nearly Doubled: Are Clear Skies Ahead?
- Market Cap Calculator: How to Calculate Market Cap
- Tesla Stock: Buy the Dips, Sell the Rips
Receive News & Ratings for ConvaTec Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ConvaTec Group and related companies with MarketBeat.com's FREE daily email newsletter.