Clairvest Group (TSE:CVG) Sets New 12-Month High – Still a Buy?

Clairvest Group Inc. (TSE:CVG) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as C$86.50 and last traded at C$86.50, with a volume of 1276 shares trading hands. The stock had previously closed at C$81.50.

Clairvest Group Price Performance

The company has a debt-to-equity ratio of 0.53, a current ratio of 19.89 and a quick ratio of 2.73. The stock has a market capitalization of C$1.16 billion, a P/E ratio of 10.76 and a beta of 0.16. The business’s 50 day moving average price is C$77.70 and its 200 day moving average price is C$75.36.

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

Clairvest Group Dividend Announcement

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