Elisa Oyj (OTCMKTS:ELMUY) Trading Up 9.6% – Still a Buy?

Elisa Oyj (OTCMKTS:ELMUY)’s stock price rose 9.6% during mid-day trading on Friday . The company traded as high as $25.19 and last traded at $25.19. Approximately 825 shares were traded during mid-day trading, a decline of 25% from the average daily volume of 1,107 shares. The stock had previously closed at $22.99.

Elisa Oyj Stock Up 9.6 %

The stock has a 50 day simple moving average of $25.06 and a 200-day simple moving average of $24.46.

Elisa Oyj Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, November 14th. Stockholders of record on Wednesday, October 23rd were given a dividend of $0.6264 per share. The ex-dividend date of this dividend was Wednesday, October 23rd. This is an increase from Elisa Oyj’s previous dividend of $0.61. Elisa Oyj’s payout ratio is currently 73.17%.

Elisa Oyj Company Profile

Elisa Oyj engages in the provision of telecommunications services in Finland, rest of Europe, and internationally. It operates in two segments: Consumer Customers and Corporate Customers. The company offers data communication services, including fixed and mobile network subscriptions, supplementary digital services, cable-tv subscriptions, and entertainment services, as well as eBook services.