Origin Energy (OTCMKTS:OGFGY) Shares Pass Below Fifty Day Moving Average – Here’s Why

Origin Energy Limited (OTCMKTS:OGFGYGet Free Report)’s share price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $8.13 and traded as low as $7.6540. Origin Energy shares last traded at $7.6540, with a volume of 930 shares.

Origin Energy Stock Performance

The firm’s 50-day simple moving average is $8.11 and its two-hundred day simple moving average is $7.67.

Origin Energy Dividend Announcement

The firm also recently declared a dividend, which was paid on Monday, October 20th. Stockholders of record on Friday, September 5th were issued a dividend of $0.156 per share. The ex-dividend date was Thursday, September 4th. This represents a dividend yield of 376.0%. Origin Energy’s payout ratio is currently 88.17%.

Origin Energy Company Profile

(Get Free Report)

Origin Energy Limited, an integrated energy company, engages in the exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas in Australia and internationally. The company operates through, Energy Markets, and Integrated Gas segments.

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