Snam (OTCMKTS:SNMRY) Share Price Crosses Below 50-Day Moving Average of $9.74

Snam S.p.A. (OTCMKTS:SNMRYGet Free Report)’s share price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $9.74 and traded as low as $9.43. Snam shares last traded at $9.43, with a volume of 26,639 shares traded.

Snam Trading Down 2.6 %

The business has a 50-day simple moving average of $9.74 and a 200-day simple moving average of $9.77.

Snam Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, February 8th. Shareholders of record on Tuesday, January 23rd were given a dividend of $0.1557 per share. The ex-dividend date of this dividend was Monday, January 22nd. This represents a yield of 3.74%. Snam’s payout ratio is currently 47.37%.

Snam Company Profile

(Get Free Report)

Snam S.p.A., together with its subsidiaries, engages in the operation of natural gas transport and storage infrastructure in Italy. The company operates through Transportation, Storage, Regasification, Energy Transition, and other segments. It provides natural gas transportation and dispatching services; and owns and manages LNG regasification plants.

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