Treasury Wine Estates (OTCMKTS:TSRYY) Sets New 52-Week Low – Here’s Why

Treasury Wine Estates Ltd. (OTCMKTS:TSRYY) shares hit a new 52-week low on Thursday . The company traded as low as $4.69 and last traded at $4.69, with a volume of 223 shares trading hands. The stock had previously closed at $4.82.

Treasury Wine Estates Stock Performance

The company has a market cap of $3.73 billion and a price-to-earnings ratio of -29.49. The stock’s fifty day simple moving average is $5.08 and its two-hundred day simple moving average is $5.37.

Treasury Wine Estates Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, October 14th. Shareholders of record on Friday, August 29th will be issued a $0.0393 dividend. This is a boost from Treasury Wine Estates’s previous dividend of $0.04. The ex-dividend date is Thursday, August 28th. This represents a dividend yield of 426.0%. Treasury Wine Estates’s dividend payout ratio (DPR) is -141.03%.

Treasury Wine Estates Company Profile

Treasury Wine Estates Limited operates as a wine company primarily in Australia, New Zealand, Asia, Europe, the United Kingdom, the Middle East, Africa, and the Americas. The company engages in the viticulture and winemaking; and marketing, sale, and distribution of wine. Its wine portfolio includes luxury, premium and commercial wine brands, such as 19 Crimes, Acacia Vineyard, Annie's Lane, Beaulieu Vineyard, Belcreme de Lys, Beringer Vineyards, Blossom Hill, Cavaliere d'Oro, Coldstream Hills, Devil's Lair, EMBRAZEN, Etude, Fifth Leg, Heemskerk, Hewitt Vineyard, Ingoldby, Jamieson's Run, Killawarra, Leo Buring, Lindeman's, Maison de Grand Esprit, Matua, Penfolds, Pepperjack, Rawson's Retreat, Rosemount Estate, Run Riot, Saltram, Samuel Wynn & Co, Secret Stone, Seppelt, Shingle Peak, Sledgehammer, Squealing pig, St Huberts, Stags' Leap Winery, Stellina di Notte, Sterling Vineyards, T'Gallant, The Walking Dead Wine, Wolf Blass, Wynns Coonawarra Estate, and Yellowglen.