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Clairvest Group (TSE:CVG) Stock Price Crosses Above Fifty Day Moving Average - Here's What Happened

Clairvest Group logo with Financial Services background

Clairvest Group Inc. (TSE:CVG - Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$73.23 and traded as high as C$76.05. Clairvest Group shares last traded at C$76.05, with a volume of 450 shares traded.

Clairvest Group Price Performance

The stock has a market capitalization of C$1.09 billion, a P/E ratio of 13.15 and a beta of -0.03. The company's 50-day simple moving average is C$73.23 and its 200-day simple moving average is C$70.55.

Clairvest Group Dividend Announcement

The company also recently announced an annual dividend, which will be paid on Friday, July 25th. Investors of record on Friday, July 25th will be paid a $0.10 dividend. The ex-dividend date is Friday, July 4th. This represents a yield of 0.13%. Clairvest Group's dividend payout ratio (DPR) is currently 1.73%.

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.

Further Reading

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.

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