Gafisa S.A. (OTCMKTS:GFASY – Get Free Report) dropped 11.4% on Thursday . The company traded as low as $0.53 and last traded at $0.53. Approximately 463 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 4,103 shares. The stock had previously closed at $0.60.
Gafisa Stock Performance
The company has a 50-day moving average of $0.91 and a 200-day moving average of $1.31.
Gafisa Cuts Dividend
The firm also recently declared a dividend, which was paid on Thursday, September 26th. Stockholders of record on Friday, September 20th were issued a $0.0059 dividend. This represents a dividend yield of 1.14%. The ex-dividend date of this dividend was Thursday, September 19th.
Gafisa Company Profile
Gafisa SA operates as a development and construction company under the Gafisa brand name in Brazil. The company is involved in residential, commercial, and hotel projects. It also provides technical consultancy services, and real estate management and construction services to third parties. Gafisa SA was founded in 1954 and is headquartered in São Paulo, Brazil.
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