Clairvest Group (TSE:CVG) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Clairvest Group Inc. (TSE:CVG) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$72.38 and traded as high as C$74.25. Clairvest Group shares last traded at C$73.51, with a volume of 1,501 shares changing hands.

Clairvest Group Price Performance

The stock has a 50-day moving average price of C$72.41 and a two-hundred day moving average price of C$71.65. The stock has a market cap of C$1.01 billion, a PE ratio of 14.14 and a beta of 0.07.

Clairvest Group (TSE:CVG) last posted its earnings results on Wednesday, February 11th. The company reported C$7.65 earnings per share (EPS) for the quarter. The company had revenue of C$129.98 million for the quarter. Clairvest Group had a return on equity of 5.72% and a net margin of 46.10%.

About Clairvest Group

Clairvest Group Inc is a Canadian equity investment firm. The company invests in and partners with the management teams of business that have the potential to create average returns in their respective industries. Clairvest contributes financing and strategic expertise to support the growth and development of its investee companies in order to create realizable value for all shareholders. It invests its own capital into entrepreneurial corporations.