Spin Master (OTCMKTS:SNMSF) Shares Cross Below 50-Day Moving Average – What’s Next?

Shares of Spin Master Corp. (OTCMKTS:SNMSFGet Free Report) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $22.97 and traded as low as $21.93. Spin Master shares last traded at $22.08, with a volume of 18,266 shares.

Spin Master Trading Up 0.4 %

The firm’s fifty day moving average price is $22.97 and its two-hundred day moving average price is $22.81.

Spin Master Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, January 10th. Stockholders of record on Monday, December 30th were issued a dividend of $0.0861 per share. The ex-dividend date of this dividend was Friday, December 27th. This represents a dividend yield of 1.49%.

About Spin Master

(Get Free Report)

Spin Master Corp., a children’s entertainment company, engages in the creation, design, manufacture, licensing, and marketing of various toys, entertainment products, and digital games in North America, Europe, and internationally. The Toys segment’s product categories include activities, games and puzzles, and plush; wheels and action; outdoor; and preschool, dolls, and interactive products.

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