Evertz Technologies (TSE:ET) Shares Pass Above Two Hundred Day Moving Average - What's Next?

Evertz Technologies Limited (TSE:ET - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$11.71 and traded as high as C$12.12. Evertz Technologies shares last traded at C$12.01, with a volume of 7,575 shares traded.

Evertz Technologies Trading Down 1.7%

The company has a current ratio of 2.18, a quick ratio of 0.68 and a debt-to-equity ratio of 8.09. The company has a 50-day simple moving average of C$12.08 and a 200 day simple moving average of C$11.71. The firm has a market cap of C$925.26 million, a PE ratio of 15.99, a price-to-earnings-growth ratio of 0.79 and a beta of 0.86.

Evertz Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 11th. Shareholders of record on Friday, July 4th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 6.62%. Evertz Technologies's dividend payout ratio (DPR) is presently 103.22%.

About Evertz Technologies

Evertz Technologies Limited engages in the design, manufacture, and distribution of video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets in Canada, the United States, and internationally. The company offers contribution and distribution encoder, decoder, receiver, and processing products; and control panels, intelligent operations and controls, big data analytics, and network management systems, as well as orchestration, monitoring, and analytics solutions.