Free Trial

Dynacor Group (TSE:DNG) Stock Price Crosses Below 50 Day Moving Average - Time to Sell?

Dynacor Group logo with Basic Materials background

Dynacor Group Inc. (TSE:DNG - Get Free Report) shares passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$4.71 and traded as low as C$4.47. Dynacor Group shares last traded at C$4.53, with a volume of 39,189 shares traded.

Analyst Ratings Changes

Separately, Canaccord Genuity Group upgraded shares of Dynacor Group to a "strong-buy" rating in a research report on Friday, June 6th.

View Our Latest Analysis on Dynacor Group

Dynacor Group Price Performance

The firm's 50-day moving average is C$4.71 and its two-hundred day moving average is C$5.27. The company has a market cap of C$133.96 million, a P/E ratio of 6.35 and a beta of 1.09. The company has a debt-to-equity ratio of 0.59, a current ratio of 4.36 and a quick ratio of 3.50.

Dynacor Group Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Wednesday, June 18th will be paid a dividend of $0.0133 per share. This represents a $0.16 annualized dividend and a yield of 3.52%. The ex-dividend date is Wednesday, June 11th. Dynacor Group's payout ratio is 19.64%.

About Dynacor Group

(Get Free Report)

Dynacor, with 27 years of experience, is a Canadian-based dividend-paying industrial gold ore processor. The corporation is engaged in gold production by processing ore purchased from the ASM (artisanal and small-scale mining) industry. Dynacor operates in Peru, where its management and processing teams have decades of experience working with ASM miners.

Featured Articles

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.

Should You Invest $1,000 in Dynacor Group Right Now?

Before you consider Dynacor Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dynacor Group wasn't on the list.

While Dynacor Group currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Oil Spikes Amid Rising Warfare: 3 Stocks to Watch Now
Palantir at All-Time Highs: Take Profits or Hold the Line?
3 Tech Stocks Insiders Are Buying: Speculative Plays for June

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines