BMTC Group (TSE:GBT) Share Price Crosses Above Fifty Day Moving Average – Here’s What Happened

BMTC Group Inc. (TSE:GBT)’s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$13.09 and traded as high as C$13.34. BMTC Group shares last traded at C$12.97, with a volume of 8,901 shares traded.

BMTC Group Stock Performance

The stock has a market capitalization of C$420.62 million, a P/E ratio of 15.63 and a beta of 0.58. The company has a current ratio of 1.09, a quick ratio of 0.25 and a debt-to-equity ratio of 2.92. The company has a 50-day moving average price of C$13.09 and a two-hundred day moving average price of C$13.32.

BMTC Group (TSE:GBT) last issued its quarterly earnings results on Thursday, September 12th. The company reported C$0.60 earnings per share (EPS) for the quarter. The firm had revenue of C$169.39 million for the quarter. BMTC Group had a return on equity of 5.61% and a net margin of 4.64%. On average, equities analysts forecast that BMTC Group Inc. will post 1.2821012 earnings per share for the current year.

BMTC Group Company Profile

BMTC Group Inc, together with its subsidiaries, manages and operates a retail network of furniture, household appliances, and electronic products in Canada. The company operates through Brault & Martineau and EconoMax divisions. BMTC Group Inc was founded in 1989 and is headquartered in Montreal, Canada.