Atacadão (OTCMKTS:ATAAY) Trading Down 27.5% – What’s Next?

Atacadão S.A. (OTCMKTS:ATAAY) dropped 27.5% during mid-day trading on Monday . The company traded as low as C$3.69 and last traded at C$3.69. Approximately 227 shares traded hands during mid-day trading, a decline of 65% from the average daily volume of 657 shares. The stock had previously closed at C$5.09.

Atacadão Stock Up 0.3 %

The stock’s 50-day moving average price is C$4.96 and its 200 day moving average price is C$7.57.

Atacadão Dividend Announcement

The firm also recently declared a dividend, which will be paid on Thursday, January 23rd. Shareholders of record on Monday, December 30th will be given a dividend of $0.0405 per share. The ex-dividend date of this dividend is Monday, December 30th.

Atacadão Company Profile

Atacadão SA engages in the wholesale and retail of food, clothing, home appliances, electronics, and other products in Brazil. The company operates through Retail, Atacadão, and Financial Solutions segments. The company offers alcoholic and non-alcoholic beverages; chocolate and cocoa powders, sugar and sweeteners, baby foods, rice, oats and cereals, cookies, toasts and snacks, coffee, teas, canned and uncanned products, sweets and deserts, flour, bean, yeast, grains and seed, pasta and sauces, mixture for bakery and confectionery, oils, fats and lard, soups and creams, and seasonings and condiments; and bathroom, kitchen, pool, clothing, and general cleaning products.