Auckland International Airport (OTCMKTS:AUKNY) Stock Price Down 4.7% – Time to Sell?

Auckland International Airport Limited (OTCMKTS:AUKNYGet Free Report) shares fell 4.7% on Wednesday . The company traded as low as $22.17 and last traded at $22.17. 424 shares changed hands during mid-day trading, a decline of 25% from the average session volume of 569 shares. The stock had previously closed at $23.25.

Auckland International Airport Stock Performance

The firm has a fifty day simple moving average of $22.54 and a 200-day simple moving average of $23.09.

Auckland International Airport Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, October 11th. Stockholders of record on Friday, September 20th were paid a $0.0302 dividend. This represents a dividend yield of 1.62%. The ex-dividend date was Thursday, September 19th. Auckland International Airport’s payout ratio is 60.72%.

About Auckland International Airport

(Get Free Report)

Auckland International Airport Limited provides airport facilities, supporting infrastructure, and aeronautical services in Auckland and New Zealand. The company operates through three segments: Aeronautical, Retail, and Property. The Aeronautical segment provides services that facilitate the movement of aircraft, passengers, and cargo, as well as utility services, which support the airport; and leases space for facilities, such as terminals.

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