Bunzl (OTCMKTS:BZLFY) Stock Price Crosses Below 50-Day Moving Average – Here’s Why

Bunzl plc (OTCMKTS:BZLFYGet Free Report) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-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 simple moving average is $46.72 and its 200-day simple moving average is $42.16.

Bunzl Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, January 10th. Investors of record on Friday, November 15th will be issued a dividend of $0.2511 per share. 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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