Orora (OTCMKTS:ORRYY) Trading Up 9.3% – Here’s What Happened

Shares of Orora Limited (OTCMKTS:ORRYY) were up 9.3% during trading on Thursday . The company traded as high as $13.00 and last traded at $13.00. Approximately 1,359 shares traded hands during mid-day trading, a decline of 23% from the average daily volume of 1,762 shares. The stock had previously closed at $11.89.

Orora Stock Performance

The firm’s 50 day moving average is $10.14 and its 200 day moving average is $11.88.

Orora Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, April 18th. Stockholders of record on Monday, March 3rd will be given a dividend of $0.2517 per share. This is a positive change from Orora’s previous dividend of $0.22. The ex-dividend date of this dividend is Monday, March 3rd.

Orora Company Profile

Orora Limited designs, manufactures, and supplies packaging products and services to the grocery, fast moving consumer goods, and industrial markets in Australia, New Zealand, the United States, and internationally. The company operates through Orora Australasia and Orora North America segments. It also provides glass bottles, aluminum cans, tabs, and ends, closures and caps, boxes and cartons, point-of-purchase displays, packaging equipment, rigid and flexible packaging, and general packaging materials and supplies.