Localiza Rent a Car (OTCMKTS:LZRFY) Shares Down 0.7% – Here’s What Happened

Localiza Rent a Car S.A. (OTCMKTS:LZRFYGet Free Report) shares fell 0.7% during mid-day trading on Tuesday . The stock traded as low as $5.58 and last traded at $5.68. 65,021 shares changed hands during mid-day trading, a decline of 26% from the average session volume of 87,604 shares. The stock had previously closed at $5.72.

Localiza Rent a Car Stock Performance

The stock’s 50-day simple moving average is $5.31 and its 200 day simple moving average is $6.71.

Localiza Rent a Car Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, December 23rd were issued a dividend of $0.0582 per share. The ex-dividend date was Monday, December 23rd. Localiza Rent a Car’s dividend payout ratio is currently 13.86%.

Localiza Rent a Car Company Profile

(Get Free Report)

Localiza Rent a Car SA engages in car and fleet rental business. The company is also involved in granting franchises; sale of decommissioned and used cars; provision of sundry automotive, and travel and tourism services; and managing claims for insurance companies, as well as provision of tracking and telemetry services.

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