Adams Resources & Energy Inc (NYSEAMERICAN:AE) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as low as $30.88. Adams Resources & Energy shares last traded at $30.88, with a volume of 57 shares.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 20th. Stockholders of record on Friday, September 6th will be issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.13%.
In other news, Director Murray E. Brasseux purchased 1,000 shares of the business’s stock in a transaction that occurred on Monday, August 19th. The shares were acquired at an average cost of $31.30 per share, for a total transaction of $31,300.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have bought 3,414 shares of company stock valued at $109,472 over the last quarter.
About Adams Resources & Energy (NYSEAMERICAN:AE)
Adams Resources & Energy, Inc, through its subsidiaries, primarily engages in the marketing, transportation, and storage of crude oil in the United States. The company operates in two segments, Crude Oil Marketing, Transportation and Storage; and Tank Truck Transportation of Liquid Chemicals and Dry Bulk.
Further Reading: Holder of Record
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