Corby Spirit and Wine (TSE:CSW.A) Stock Crosses Below Two Hundred Day Moving Average - Here's Why

Shares of Corby Spirit and Wine Ltd (TSE:CSW.A - Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$13.91 and traded as low as C$13.86. Corby Spirit and Wine shares last traded at C$14.00, with a volume of 28,790 shares traded.

Corby Spirit and Wine Price Performance

The stock has a market capitalization of C$340.27 million, a P/E ratio of 16.69 and a beta of 0.27. The business's 50 day simple moving average is C$14.42 and its two-hundred day simple moving average is C$13.96. The company has a quick ratio of 1.77, a current ratio of 2.34 and a debt-to-equity ratio of 77.55.

Corby Spirit and Wine Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 11th. Investors of record on Wednesday, June 11th were issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 6.56%. The ex-dividend date was Wednesday, May 28th. Corby Spirit and Wine's dividend payout ratio (DPR) is currently 104.76%.

Corby Spirit and Wine Company Profile

Corby Spirit and Wine Ltd is a Canadian manufacturer, marketer and importer of spirits and wines. The company derives its revenues from the sale of its owned-brands in Canada and other international markets, as well as earning commissions from the representation of selected non-owned brands in the Canadian marketplace.