BMTC Group (TSE:GBT) Stock Price Passes Below 50 Day Moving Average – What’s Next?

Shares of BMTC Group Inc. (TSE:GBTGet Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$12.95 and traded as low as C$12.15. BMTC Group shares last traded at C$12.51, with a volume of 4,952 shares trading hands.

BMTC Group Trading Down 5.8%

The company has a market cap of C$398.94 million, a P/E ratio of 13.90 and a beta of 0.18. The business’s 50-day moving average price is C$12.95 and its 200 day moving average price is C$13.06. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.25 and a current ratio of 1.02.

BMTC Group Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, January 6th. Investors of record on Tuesday, January 6th were issued a dividend of $0.18 per share. The ex-dividend date was Friday, December 19th. This represents a yield of 144.0%. BMTC Group’s dividend payout ratio (DPR) is presently 40.00%.

About BMTC Group

(Get Free Report)

BMTC Group Inc is a holding company. The company through its subsidiaries manages and operates furniture and household and electronic appliance retail sales networks in Quebec. The company manages and operates a retail network of furniture.

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