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Clairvest Group (TSE:CVG) Share Price Crosses Below 50 Day Moving Average - Time to Sell?

Clairvest Group logo with Financial Services background

Key Points

  • Clairvest Group Inc. shares fell below their 50-day moving average of C$72.59, trading as low as C$71.00 before closing at C$72.39.
  • The company announced a recent dividend of $0.10 per share, resulting in a yield of 13.0% and a payout ratio of 1.20%.
  • Clairvest Group has a market cap of C$1.03 billion and a P/E ratio of 8.67, indicating it is a value-oriented investment firm.
  • Interested in Clairvest Group? Here are five stocks we like better.

Clairvest Group Inc. (TSE:CVG - Get Free Report) shares crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$72.59 and traded as low as C$71.00. Clairvest Group shares last traded at C$72.39, with a volume of 300 shares trading hands.

Clairvest Group Stock Performance

The business's 50-day moving average price is C$72.59 and its 200 day moving average price is C$71.40. The company has a market cap of C$1.03 billion, a P/E ratio of 8.67 and a beta of -0.03.

Clairvest Group Announces Dividend

The business also recently announced an annual dividend, which was paid on Friday, July 25th. Stockholders of record on Friday, July 25th were paid a dividend of $0.10 per share. This represents a dividend yield of 13.0%. The ex-dividend date was Friday, July 4th. Clairvest Group's dividend payout ratio (DPR) is currently 1.20%.

Clairvest Group Company Profile

(Get Free Report)

Clairvest Group Inc is a Canadian equity investment firm. The company invests in and partners with the management teams of business that have the potential to create average returns in their respective industries. Clairvest contributes financing and strategic expertise to support the growth and development of its investee companies in order to create realizable value for all shareholders.

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