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Corby Spirit and Wine (TSE:CSW.A) Stock Crosses Above 50-Day Moving Average - What's Next?

Corby Spirit and Wine logo with Consumer Defensive background

Corby Spirit and Wine Ltd (TSE:CSW.A - Get Free Report)'s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$14.11 and traded as high as C$14.60. Corby Spirit and Wine shares last traded at C$14.42, with a volume of 4,389 shares changing hands.

Corby Spirit and Wine Stock Performance

The stock's 50-day moving average is C$14.06 and its 200-day moving average is C$14.18. The firm has a market capitalization of C$341.72 million, a price-to-earnings ratio of 16.76 and a beta of 0.27. 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 Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 11th. Stockholders of record on Wednesday, June 11th were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 6.53%. The ex-dividend date was Wednesday, May 28th. Corby Spirit and Wine's dividend payout ratio is currently 104.76%.

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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