Orora (OTCMKTS:ORRYY) Stock Price Up 9.3% – What’s Next?

Shares of Orora Limited (OTCMKTS:ORRYY) were up 9.3% on Thursday . The company traded as high as $13.00 and last traded at $13.00. Approximately 1,359 shares were traded during 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 stock has a fifty day moving average of $10.16 and a two-hundred day moving average of $11.89.

Orora Increases Dividend

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

About Orora

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.