BMTC Group (TSE:GBT) Shares Down 0.9% - Time to Sell?

Key Points

• BMTC Group Inc. shares fell 0.9% to C$13.72, with a significant decline in trading volume, dropping to 429 shares exchanged compared to an average of 2,165 shares.
• The company recently announced a $0.18 dividend, resulting in a dividend yield of 1.37% and a payout ratio of 26.78%.
• BMTC Group has a market cap of C$444.01 million with a price-to-earnings ratio of 10.21 and a debt-to-equity ratio of 1.95.

BMTC Group Inc. (TSE:GBT - Get Free Report)'s share price was down 0.9% during trading on Wednesday . The stock traded as low as C$13.19 and last traded at C$13.72. Approximately 429 shares traded hands during trading, a decline of 80% from the average daily volume of 2,165 shares. The stock had previously closed at C$13.84.

BMTC Group Price 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 company has a fifty day simple moving average of C$13.62 and a 200-day simple moving average of C$12.83. The company has a market cap of C$438.51 million, a P/E ratio of 10.08 and a beta of 0.58.

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 paid 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 is presently 26.78%.

BMTC Group Company Profile

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.