Clairvest Group (TSE:CVG) Stock Price Crosses Above 50 Day Moving Average of $70.92

Clairvest Group Inc. (TSE:CVG)’s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$70.92 and traded as high as C$71.70. Clairvest Group shares last traded at C$71.70, with a volume of 100 shares trading hands.

Clairvest Group Stock Performance

The stock has a 50-day moving average of C$70.92 and a 200-day moving average of C$71.93. The firm has a market cap of C$1.05 billion, a price-to-earnings ratio of 717.00 and a beta of -0.03. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.73 and a current ratio of 3.39.

Clairvest Group (TSE:CVG) last announced its earnings results on Tuesday, August 13th. The company reported C$1.63 earnings per share (EPS) for the quarter. Clairvest Group had a return on equity of 0.09% and a net margin of 2.86%. The business had revenue of C$38.94 million for the quarter.

Clairvest Group Announces Dividend

The company also recently announced an annual dividend, which was paid on Friday, July 26th. Investors of record on Friday, July 5th were given a $0.10 dividend. This represents a yield of 0.14%. The ex-dividend date of this dividend was Friday, July 5th. Clairvest Group’s dividend payout ratio is presently 100.00%.

Clairvest Group Company Profile

Clairvest Group Inc is a private equity firm specializing in mid-market, growth equity investments, growth capital, buyouts, and consolidating industries and add-on acquisitions. It seeks to invest in small and mid-sized gaming and casino, local market gaming, healthcare, equipment rental, facility services, oilfield services, waste management, business services, consumer services, aerospace, automotive aftermarket, collision repair, food, beverage and co-packing, defense, document management, warranty, contact manufacturing, environmental services, rental services, residential HVAC services, healthcare services, multiunit healthcare, insurance services, IT services, logistics and transportation, mining services, packaging, pest control, specialty aviation, education, software (mature), textile rental, utility services, water, building products, government services, industrial distribution and services, information technology and information services, media and marketing, non-destructive testing, renewable energy, property management, and restaurants.