TWC Enterprises (TSE:TWC) Share Price Crosses Below 50-Day Moving Average of $16.88

TWC Enterprises Limited (TSE:TWC)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$16.88 and traded as low as C$16.67. TWC Enterprises shares last traded at C$16.67, with a volume of 100 shares changing hands.

TWC Enterprises Trading Down 1.6 %

The business has a 50-day moving average price of C$16.88 and a two-hundred day moving average price of C$16.80. The stock has a market capitalization of C$408.42 million, a P/E ratio of 18.52 and a beta of 1.15. The company has a current ratio of 4.90, a quick ratio of 1.61 and a debt-to-equity ratio of 12.04.

TWC Enterprises Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 1st. Shareholders of record on Monday, April 1st will be given a $0.075 dividend. The ex-dividend date of this dividend is Thursday, March 14th. This is an increase from TWC Enterprises’s previous quarterly dividend of $0.05. This represents a $0.30 annualized dividend and a yield of 1.80%. TWC Enterprises’s dividend payout ratio (DPR) is currently 33.33%.

TWC Enterprises Company Profile

TWC Enterprises Limited owns, operates, and manages golf clubs under the ClubLink One Membership More Golf brand in Canada and the United States. The company was formerly known as ClubLink Enterprises Limited and changed its name to TWC Enterprises Limited in May 2014. The company was incorporated in 1997 and is based in King City, Canada.