BMTC Group (TSE:GBT) Stock Price Passes Below 50 Day Moving Average - Time to Sell?

Key Points

• BMTC Group Inc. shares have fallen below their 50-day moving average of C$13.29, trading at C$12.79 with a total volume of 44,500 shares.
• The company has a market capitalization of C$408.67 million and a P/E ratio of 15.23, indicating a relatively stable valuation in the current market.
• BMTC Group operates in the retail sector, managing a network for furniture and household electronic appliance sales in Quebec.

BMTC Group Inc. (TSE:GBT - Get Free Report) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$13.29 and traded as low as C$12.79. BMTC Group shares last traded at C$12.79, with a volume of 44,500 shares changing hands.

BMTC Group Price Performance

The company has a 50 day simple moving average of C$13.28 and a 200-day simple moving average of C$12.82. The stock has a market cap of C$419.21 million, a price-to-earnings ratio of 15.62 and a beta of -0.14. The company has a current ratio of 1.02, a quick ratio of 0.25 and a debt-to-equity ratio of 1.95.

About BMTC Group

BMTC Group Inc is a holding company. The company through its subsidiaries manages and operates furniture and household and electronic appliance retail sales networks in Quebec. The company manages and operates a retail network of furniture.