Localiza Rent a Car S.A. (OTCMKTS:LZRFY – Get Free Report) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totalling 33,300 shares, an increase of 14.4% from the June 15th total of 29,100 shares. Based on an average daily trading volume, of 46,300 shares, the short-interest ratio is currently 0.7 days.
Localiza Rent a Car Trading Up 1.4 %
OTCMKTS:LZRFY opened at $14.68 on Wednesday. The firm’s fifty day moving average price is $13.62 and its 200 day moving average price is $11.81. Localiza Rent a Car has a 1-year low of $9.11 and a 1-year high of $16.32.
Localiza Rent a Car Increases Dividend
The company also recently disclosed a dividend, which will be paid on Thursday, August 24th. Investors of record on Wednesday, July 5th will be given a $0.0576 dividend. This is a positive change from Localiza Rent a Car’s previous dividend of $0.01. The ex-dividend date of this dividend is Monday, July 3rd. Localiza Rent a Car’s dividend payout ratio (DPR) is 13.86%.
Localiza Rent a Car Company Profile
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.
See Also
- Five stocks we like better than Localiza Rent a Car
- Green Hydrogen Stocks Getting Ready to Deliver Big Gains
- Charles Schwab Gets The Rebound, Time to Buy?
- Is Ebix Inc a Phygital E-Commerce Contender or Pretender?
- 3 Mid-Cap Stocks with Expectations for High-Earnings Growth
- Can Lockheed Martin Fly To A New High In 2023?
Receive News & Ratings for Localiza Rent a Car Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Localiza Rent a Car and related companies with MarketBeat.com's FREE daily email newsletter.
