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

Key Points

• BMTC Group Inc.'s stock price fell below its 50-day moving average of C$13.70, trading at a low of C$13.15.
• The company declared a dividend of $0.18 per share, with a yield of 137.0% and a payout ratio of 26.78%.
• BMTC Group has a market capitalization of C$425.56 million, a P/E ratio of 9.78, and a debt-to-equity ratio of 1.95.

Shares of BMTC Group Inc. (TSE:GBT - ) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$13.70 and traded as low as C$13.15. BMTC Group shares last traded at C$13.15, with a volume of 2,400 shares traded.

BMTC Group Stock Down 2.0%

The company has a debt-to-equity ratio of 1.95, a current ratio of 1.02 and a quick ratio of 0.25. The company has a market cap of C$425.56 million, a P/E ratio of 9.78 and a beta of 0.58. The company has a 50 day moving average of C$13.70 and a 200-day moving average of C$12.74.

BMTC Group Announces Dividend

The business also recently announced a dividend, which was paid on Friday, June 27th. Investors of record on Friday, June 27th were issued a dividend of $0.18 per share. The ex-dividend date was Friday, June 20th. This represents a yield of 137.0%. BMTC Group's dividend payout ratio is currently 26.78%.

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.

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