Orora (OTCMKTS:ORRYY) Stock Price Up 9.3% – What’s Next?

Orora Limited (OTCMKTS:ORRYY) shares rose 9.3% during trading on Thursday . The stock traded as high as $13.00 and last traded at $13.00. Approximately 1,359 shares traded hands during trading, a decline of 23% from the average daily volume of 1,762 shares. The stock had previously closed at $11.89.

Orora Stock Performance

The firm has a 50-day simple moving average of $10.16 and a 200 day simple moving average of $11.89.

Orora Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, April 18th. Shareholders of record on Monday, March 3rd will be given a dividend of $0.2517 per share. This is a positive change from Orora’s previous dividend of $0.22. The ex-dividend date is Monday, March 3rd.

About Orora

Orora Limited designs, manufactures, and supplies packaging products and services to the grocery, fast moving consumer goods, and industrial markets in Australia, New Zealand, the United States, and internationally. The company operates through Orora Australasia and Orora North America segments. It also provides glass bottles, aluminum cans, tabs, and ends, closures and caps, boxes and cartons, point-of-purchase displays, packaging equipment, rigid and flexible packaging, and general packaging materials and supplies.