Free Trial

Dynacor Group (TSE:DNG) Stock Price Passes Below Fifty Day Moving Average - Should You Sell?

Dynacor Group logo with Basic Materials background

Shares of Dynacor Group Inc. (TSE:DNG - Get Free Report) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$4.86 and traded as low as C$4.77. Dynacor Group shares last traded at C$4.81, with a volume of 17,969 shares changing hands.

Dynacor Group Stock Performance

The company has a current ratio of 4.36, a quick ratio of 3.50 and a debt-to-equity ratio of 0.59. The stock has a market cap of C$136.62 million, a price-to-earnings ratio of 6.48 and a beta of 1.09. The stock's 50 day moving average is C$4.83 and its two-hundred day moving average is C$5.43.

Dynacor Group Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, May 15th. Stockholders of record on Thursday, May 15th were issued a $0.0133 dividend. The ex-dividend date of this dividend was Thursday, May 8th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 3.45%. 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.

See Also

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

Free Today: Your Guide to Smarter Options Trades Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

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

Featured Articles and Offers

Recent Videos

ACT FAST! Congress Is POURING Into This Stock
The Hottest AI Stock You Haven’t Bought Yet
This $13 Trillion Energy Breakthrough Will Make Millionaires

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines