Iochpe-Maxion (OTCMKTS:IOCJY) Stock Price Down 41.7%

Shares of Iochpe-Maxion S.A. (OTCMKTS:IOCJYGet Free Report) traded down 41.7% on Tuesday . The stock traded as low as $0.70 and last traded at $0.70. 11,070 shares were traded during mid-day trading, The stock had previously closed at $1.20.

Iochpe-Maxion Price Performance

The company has a debt-to-equity ratio of 1.21, a current ratio of 1.58 and a quick ratio of 1.10. The stock’s 50-day moving average is $1.20 and its 200-day moving average is $0.93.

Iochpe-Maxion Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, April 9th. Stockholders of record on Monday, March 18th were issued a $0.0047 dividend. The ex-dividend date of this dividend was Friday, March 15th.

About Iochpe-Maxion

(Get Free Report)

Iochpe-Maxion SA produces and sells automotive wheels and structural components for commercial and light vehicles in North America, South America, Europe, Asia, and internationally. It operates in two divisions, Maxion Wheels and Maxion Structural Components. The company offers heavy steel wheels; light steel wheels for automobiles, pick-ups, and SUVs, as well as light and medium commercial vehicles; wheels for agricultural machinery; and light aluminum wheels for automobiles.

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