Corby Spirit and Wine Ltd (TSE:CSW.A - Get Free Report)'s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$14.99 and traded as high as C$15.25. Corby Spirit and Wine shares last traded at C$15.25, with a volume of 10,302 shares traded.
Corby Spirit and Wine Trading Up 0.2 %
The company has a market cap of C$370.12 million, a PE ratio of 18.15 and a beta of 0.27. The stock has a 50 day moving average price of C$14.99 and a 200 day moving average price of C$13.64. The company has a current ratio of 2.34, a quick ratio of 1.77 and a debt-to-equity ratio of 77.55.
Corby Spirit and Wine Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Wednesday, March 12th were issued a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 6.03%. The ex-dividend date of this dividend was Wednesday, February 26th. This is a boost from Corby Spirit and Wine's previous quarterly dividend of $0.22. Corby Spirit and Wine's payout ratio is 104.76%.
Insider Buying and Selling
In other news, Senior Officer Ryan Thomas Joseph Smith sold 2,500 shares of the firm's stock in a transaction on Monday, March 24th. The stock was sold at an average price of C$14.87, for a total transaction of C$37,175.00. Following the completion of the transaction, the insider now directly owns 991 shares in the company, valued at C$14,736.17. This trade represents a 71.61 % decrease in their ownership of the stock. 52.00% of the stock is owned by company insiders.
Corby Spirit and Wine Company Profile
(
Get Free Report)
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.
Further Reading
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