ASA Gold and Precious Metals (NYSE:ASA) Share Price Crosses Below Fifty Day Moving Average – Here’s What Happened

ASA Gold and Precious Metals Limited (NYSE:ASA) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $20.81 and traded as low as $20.07. ASA Gold and Precious Metals shares last traded at $20.15, with a volume of 58,249 shares.

ASA Gold and Precious Metals Price Performance

The company has a fifty day simple moving average of $20.77 and a two-hundred day simple moving average of $19.81.

ASA Gold and Precious Metals Dividend Announcement

The firm also recently announced a Semi-Annual dividend, which was paid on Wednesday, November 20th. Shareholders of record on Wednesday, November 13th were given a dividend of $0.02 per share. This represents a yield of 0.2%. The ex-dividend date was Wednesday, November 13th.

Institutional Investors Weigh In On ASA Gold and Precious Metals

A number of large investors have recently bought and sold shares of ASA. Covestor Ltd boosted its stake in shares of ASA Gold and Precious Metals by 54.3% during the third quarter. Covestor Ltd now owns 4,118 shares of the investment management company’s stock valued at $86,000 after acquiring an additional 1,449 shares during the last quarter. Matrix Trust Co purchased a new stake in ASA Gold and Precious Metals in the 3rd quarter worth approximately $100,000. Blue Bell Private Wealth Management LLC lifted its stake in shares of ASA Gold and Precious Metals by 10.2% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 59,694 shares of the investment management company’s stock worth $1,047,000 after purchasing an additional 5,503 shares during the period. PFG Investments LLC boosted its holdings in shares of ASA Gold and Precious Metals by 24.8% during the second quarter. PFG Investments LLC now owns 40,678 shares of the investment management company’s stock worth $713,000 after purchasing an additional 8,084 shares during the last quarter. Finally, Raffles Associates LP purchased a new stake in shares of ASA Gold and Precious Metals in the second quarter valued at $193,000.

ASA Gold and Precious Metals Company Profile

ASA Gold and Precious Metals Limited is a publicly owned investment manager. The firm invests in the public equity markets across the globe. It primarily invests in stocks of companies engaged in the exploration, mining or processing of gold, silver, platinum, diamonds, or other precious minerals. It also invests in exchange traded funds.