Mapfre (OTCMKTS:MPFRY) Trading Up 6.5% – Still a Buy?

Mapfre, S.A. (OTCMKTS:MPFRYGet Free Report)’s share price was up 6.5% on Thursday . The stock traded as high as $9.65 and last traded at $9.65. Approximately 118 shares traded hands during trading, a decline of 92% from the average daily volume of 1,548 shares. The stock had previously closed at $9.06.

Mapfre Price Performance

The company has a 50-day simple moving average of $9.37 and a 200 day simple moving average of $8.79.

Mapfre Dividend Announcement

The company also recently declared a dividend, which was paid on Monday, December 15th. Stockholders of record on Thursday, November 27th were paid a $0.0988 dividend. The ex-dividend date of this dividend was Wednesday, November 26th. This represents a dividend yield of 243.0%. Mapfre’s payout ratio is currently 35.86%.

Mapfre Company Profile

(Get Free Report)

Mapfre is a Spanish‐based global insurance group offering a broad range of protection and assistance services. The company provides life, health, property and casualty, automobile, and agricultural insurance products, as well as reinsurance solutions and risk management services for both individual and corporate clients. Its service portfolio also includes assistance services such as roadside help, travel assistance, and home care, positioning the firm as a full‐service insurance partner.

Founded in 1933 and headquartered in Madrid, Mapfre has grown from a domestic insurer into a multi‐national organization.

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