Gruma (OTCMKTS:GPAGF) Shares Down 5.7% – Here’s Why

Gruma, S.A.B. de C.V. (OTCMKTS:GPAGF) fell 5.7% on Monday . The company traded as low as $15.89 and last traded at $15.89. 130 shares traded hands during trading, a decline of 48% from the average session volume of 250 shares. The stock had previously closed at $16.84.

Gruma Trading Down 5.7 %

The business’s 50 day moving average is $16.92 and its two-hundred day moving average is $16.73.

Gruma Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, January 10th were paid a $1.26 dividend. This represents a dividend yield of 1.2%. The ex-dividend date was Thursday, January 9th.

Gruma Company Profile

Gruma, SAB. de C.V., together with its subsidiaries, produces and sells corn flour, tortillas, and other related products. The company offers corn flour, snacks and/or cereal, beer grits, and polenta; prepared corn or wheat flours for pancakes, cakes, crêpes, brownies, churros, pizza dough, cachapas, sweet arepitas, etc.; corn and wheat tortillas; tortilla chips, taco shells, and tostadas; flatbreads, including wraps, pita bread, naan, chapatti, pizza doughs, piadina, breakfast breads, and crackers; sauces/dips; palmito; pasta; marinades; and rice and oats.