Marfrig Global Foods (OTCMKTS:MRRTY) Shares Up 2.8% – Should You Buy?

Shares of Marfrig Global Foods S.A. (OTCMKTS:MRRTY) were up 2.8% during trading on Monday . The stock traded as high as $3.33 and last traded at $3.27. Approximately 233,200 shares traded hands during trading, an increase of 915% from the average daily volume of 22,982 shares. The stock had previously closed at $3.18.

Marfrig Global Foods Price Performance

The business has a fifty day moving average of $2.73 and a 200 day moving average of $2.41.

Marfrig Global Foods Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, January 3rd. Stockholders of record on Monday, December 16th will be issued a dividend of $0.4873 per share. The ex-dividend date is Monday, December 16th. This is a boost from Marfrig Global Foods’s previous dividend of $0.00.

About Marfrig Global Foods

Marfrig Global Foods SA, through its subsidiaries, operates in the food industry in Brazil and internationally. It operates through Beef North America; Beef South America; and Poultry, Pork and Processed Products BRF segments. The company produces, processes, distributes, and sells animal-based proteins, such as beef, pork, lamb, fish, and poultry; pastas, margarine, pet food, and plant-based proteins; hamburgers; and various ready-to-eat products, including frozen vegetables, lamb, fish, and sauces.