Bunzl (OTCMKTS:BZLFY) Share Price Crosses Below Fifty Day Moving Average – What’s Next?

Shares of Bunzl plc (OTCMKTS:BZLFYGet Free Report) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $46.72 and traded as low as $45.05. Bunzl shares last traded at $45.74, with a volume of 11,008 shares.

Bunzl Price Performance

The company’s 50-day moving average is $46.72 and its 200-day moving average is $42.16.

Bunzl Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, November 15th will be issued a $0.2511 dividend. The ex-dividend date of this dividend is Friday, November 15th.

About Bunzl

(Get Free Report)

Bunzl plc operates as a distribution and services company in the North America, Continental Europe, the United Kingdom, Ireland, and internationally. The company offers food packaging, films, labels, cleaning and hygiene supplies, and personal protection equipment to grocery stores, supermarkets, and convenience stores.

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