Free Trial

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

BMTC Group logo with Consumer Cyclical background

Key Points

  • BMTC Group Inc. (TSE:GBT) stock recently crossed below its 50-day moving average, trading at C$12.97, down from a 50-day average of C$13.68.
  • The company has announced a dividend of $0.18 per share, representing a significant yield of 137.0% with a payout ratio of 26.78%.
  • BMTC Group holds a market cap of C$419.74 million, a debt-to-equity ratio of 1.95, and a beta of 0.58, indicating lower volatility compared to the market.
  • Want stock alerts on BMTC Group? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

BMTC Group Inc. (TSE:GBT - Get Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$13.68 and traded as low as C$12.97. BMTC Group shares last traded at C$12.97, with a volume of 1,650 shares.

BMTC Group Stock Performance

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 firm has a market cap of C$419.74 million, a price-to-earnings ratio of 9.65 and a beta of 0.58. The firm has a fifty day simple moving average of C$13.68 and a two-hundred day simple moving average of C$12.79.

BMTC Group Dividend Announcement

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

About BMTC Group

(Get Free Report)

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.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in BMTC Group Right Now?

Before you consider BMTC Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BMTC Group wasn't on the list.

While BMTC Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Buy-the-Dip Stocks Poised to Rebound Soon
Quantum Boom: 3 Strong Picks with Lower Risk
3 Overlooked AI Stocks That Chipmakers Can’t Live Without

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines