Avianca Holdings SA (NYSE:AVH)’s share price traded down 2.8% on Wednesday . The stock traded as low as $5.74 and last traded at $5.80, with a volume of 75,264 shares. The stock had previously closed at $5.97.

Separately, Zacks Investment Research cut shares of Avianca Holdings SA from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 18th.

The firm’s 50-day moving average is $6.12 and its 200-day moving average is $5.10. The stock’s market capitalization is $726.55 million.

The company also recently announced an annual dividend, which will be paid on Monday, July 11th. Stockholders of record on Tuesday, July 5th will be paid a $0.03 dividend. The ex-dividend date of this dividend is Thursday, June 30th.

Avianca Holdings SA is a Panama-based company engaged, through its subsidiaries, in the provision of air transportation services for passengers and commercial purposes. The Company was originally established as a strategic alliance between Aerovias del Continente Americano SA (AVIANCA) and Grupo TACA Holdings Limited (GTH), and it mainly operates in North, Central and South America, the Caribbean and Europe.