Clairvest Group (TSE:CVG) Stock Price Passes Above Fifty Day Moving Average – Should You Sell?

Shares of Clairvest Group Inc. (TSE:CVG) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$76.35 and traded as high as C$78.00. Clairvest Group shares last traded at C$78.00, with a volume of 550 shares traded.

Clairvest Group Price Performance

The company has a current ratio of 19.89, a quick ratio of 2.73 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of C$1.04 billion, a P/E ratio of 9.70 and a beta of 0.16. The company has a fifty day simple moving average of C$76.35 and a two-hundred day simple moving average of C$74.51.

Clairvest Group (TSE:CVG) last issued its earnings results on Thursday, June 25th. The company reported C$4.56 earnings per share (EPS) for the quarter. The company had revenue of C$99.50 million for the quarter. Clairvest Group had a net margin of 57.92% and a return on equity of 9.03%.

Clairvest Group Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Friday, July 24th. Investors of record on Friday, July 24th were issued a $0.10 dividend. This represents a yield of 13.0%. The ex-dividend date was Friday, July 3rd. Clairvest Group’s dividend payout ratio is currently 1.24%.

Clairvest Group Company Profile

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.