Iochpe-Maxion (OTCMKTS:IOCJY) Reaches New 12-Month High at $1.35

Shares of Iochpe-Maxion S.A. (OTCMKTS:IOCJYGet Rating) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $1.35 and last traded at $1.35, with a volume of 0 shares trading hands. The stock had previously closed at $1.35.

Iochpe-Maxion Trading Down 33.3 %

The stock has a market capitalization of $415.46 million, a PE ratio of 16.88 and a beta of 1.46. The firm has a 50 day moving average price of $1.01 and a 200 day moving average price of $0.90.

Iochpe-Maxion Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, April 10th. Shareholders of record on Monday, July 11th will be given a $0.0112 dividend. This represents a yield of 10.37%. The ex-dividend date is Friday, July 8th. Iochpe-Maxion’s payout ratio is 180.04%.

About Iochpe-Maxion

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Iochpe-Maxion SA produces and sells automotive wheels and structural components for light and commercial vehicles in North America, South America, Europe, Asia, and internationally. It operates through two segments, Maxion Wheels and Maxion Structural Components. The company offers heavy steel wheels; light steel wheels for automobiles, pick-up trucks, and SUVs, as well as light and medium-sized commercial vehicles; and light aluminum wheels for vehicles.

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