Spin Master (OTCMKTS:SNMSF) Stock Crosses Below Fifty Day Moving Average – Here’s Why

Spin Master Corp. (OTCMKTS:SNMSFGet Free Report) shares crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $23.03 and traded as low as $21.76. Spin Master shares last traded at $21.76, with a volume of 4,900 shares trading hands.

Spin Master Trading Down 1.7 %

The firm’s fifty day moving average price is $23.03 and its 200-day moving average price is $22.73.

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. This represents a dividend yield of 1.49%. The ex-dividend date was Friday, December 27th.

Spin Master Company Profile

(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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