Ansell (OTCMKTS:ANSLY) Stock Price Down 9.2% – What’s Next?

Ansell Limited (OTCMKTS:ANSLY) shares dropped 9.2% on Tuesday . The company traded as low as $86.00 and last traded at $86.00. Approximately 155 shares were traded during mid-day trading, an increase of 22% from the average daily volume of 127 shares. The stock had previously closed at $94.74.

Ansell Trading Down 9.2 %

The firm has a fifty day simple moving average of $87.77 and a 200-day simple moving average of $84.00.

Ansell Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, March 21st. Investors of record on Friday, February 21st will be issued a dividend of $0.888 per share. This is an increase from Ansell’s previous dividend of $0.81. The ex-dividend date of this dividend is Friday, February 21st. Ansell’s payout ratio is presently 56.91%.

About Ansell

Ansell Limited designs, develops, and manufactures protection solutions in the Asia Pacific, Europe, the Middle East, Africa, Latin America, the Caribbean, and North America. It operates in two segments, Healthcare and Industrial. The Healthcare segment manufactures and markets solutions comprising surgical gloves, single use and examination gloves, and clean and sterile gloves and garments, as well as consumables used by hospitals, surgical centers, dental practices, veterinary clinics, first responders, manufacturers, auto repair shops, chemical plants, laboratories, and life sciences and pharmaceutical companies.