carsales.com (OTCMKTS:CSXXY) Stock Crosses Below 200 Day Moving Average of $32.97

carsales.com Ltd (OTCMKTS:CSXXY – Get Rating) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $32.97 and traded as low as $26.84. carsales.com shares last traded at $26.84, with a volume of 1,072 shares trading hands.

Separately, JPMorgan Chase & Co. cut carsales.com from a “neutral” rating to an “underweight” rating in a research note on Wednesday, January 19th.

The business has a 50 day moving average price of $29.93 and a 200-day moving average price of $32.97.

The business also recently disclosed a dividend, which was paid on Tuesday, May 3rd. Stockholders of record on Friday, March 18th were paid a dividend of $0.3131 per share. This represents a dividend yield of 2.41%. The ex-dividend date was Thursday, March 17th.

About carsales.com (OTCMKTS:CSXXY)

carsales.com Ltd operates online automotive, motorcycle, and marine classifieds business in Australia, Brazil, South Korea, Malaysia, Indonesia, Thailand, Chile, China, Argentina, and Mexico. The company operates in Online Advertising Services; Data, Research and Services; Latin America; and Asia segments.

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