AB Corporate Bond ETF (NASDAQ:EYEG) Stock Crosses Below 50-Day Moving Average – Here’s What Happened

AB Corporate Bond ETF (NASDAQ:EYEG)’s share price crossed below its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $34.04 and traded as low as $33.50. AB Corporate Bond ETF shares last traded at $33.51, with a volume of 6,168 shares.

AB Corporate Bond ETF Stock Performance

The firm’s 50-day simple moving average is $34.02 and its two-hundred day simple moving average is $34.73. The company has a current ratio of 3.07, a quick ratio of 3.07 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $26.87 million, a PE ratio of -19.99 and a beta of 0.20.

AB Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a dividend of $0.1367 per share. The ex-dividend date of this dividend was Thursday, October 1st. This is a positive change from AB Corporate Bond ETF’s previous monthly dividend of $0.1284. This represents a $1.64 annualized dividend and a yield of 4.9%. AB Corporate Bond ETF’s payout ratio is presently -101.79%.

About AB Corporate Bond ETF

EyeGate Pharmaceuticals, Inc is a clinical stage specialty pharmaceutical company, which engages in the development and commercialization of products for treating diseases and disorders of the eye. Its pipeline includes MoxiGel and Ocular Bandage Gel. The company was founded in 1998 and is headquartered in Waltham, MA.