Clairvest Group (TSE:CVG) Stock Crosses Above 50 Day Moving Average – Time to Sell?

Clairvest Group Inc. (TSE:CVG) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$70.08 and traded as high as C$70.25. Clairvest Group shares last traded at C$70.25, with a volume of 100 shares changing hands.

Clairvest Group Stock Performance

The company has a 50-day moving average of C$70.08 and a 200-day moving average of C$70.97. The firm has a market capitalization of C$1.03 billion, a price-to-earnings ratio of 702.50 and a beta of -0.03. The company has a current ratio of 3.39, a quick ratio of 2.73 and a debt-to-equity ratio of 0.15.

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

About Clairvest Group

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, architecture and engineering consulting (AEC), agriculture, dental, life science, renewable energy, 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, healthcare IT, 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.