Gafisa S.A. (OTCMKTS:GFASY – Get Free Report) shares were up 22.6% during mid-day trading on Thursday . The stock traded as high as $0.65 and last traded at $0.65. Approximately 1,553 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 3,988 shares. The stock had previously closed at $0.53.
Gafisa Trading Down 18.5 %
The business has a fifty day simple moving average of $0.64 and a 200-day simple moving average of $1.14.
Gafisa Cuts Dividend
The business also recently declared a dividend, which was paid on Thursday, September 26th. Shareholders of record on Friday, September 20th were issued a $0.0059 dividend. This represents a yield of 1.14%. The ex-dividend date of this dividend was Thursday, September 19th.
About Gafisa
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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