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Financial 15 Split (TSE:FTN) Share Price Passes Above 50-Day Moving Average - What's Next?

Financial 15 Split logo with Financial Services background

Key Points

  • Financial 15 Split Corp. (TSE:FTN) has seen its share price rise above the 50-day moving average, reaching a high of C$10.97 before last trading at C$10.84.
  • The company recently declared a monthly dividend of $0.1257 per share, reflecting an annualized dividend yield of 13.9%.
  • Financial 15 Split Corp. has a market cap of C$738.93 million and a high debt-to-equity ratio of 119.87, indicating potential financial risk.
  • Five stocks to consider instead of Financial 15 Split.

Financial 15 Split Corp. (TSE:FTN - Get Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$10.41 and traded as high as C$10.97. Financial 15 Split shares last traded at C$10.84, with a volume of 332,318 shares trading hands.

Financial 15 Split Stock Down 1.7%

The business has a 50 day simple moving average of C$10.41 and a 200 day simple moving average of C$9.37. The company has a debt-to-equity ratio of 119.87, a current ratio of 1.81 and a quick ratio of 1.91. The stock has a market cap of C$738.93 million, a PE ratio of 3.68 and a beta of 1.64.

Financial 15 Split Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Wednesday, September 10th were paid a dividend of $0.1257 per share. This represents a c) annualized dividend and a dividend yield of 13.9%. The ex-dividend date was Friday, August 29th. Financial 15 Split's dividend payout ratio is 46.56%.

Financial 15 Split Company Profile

(Get Free Report)

Financial 15 Split Corp. is an close ended equity mutual fund launched by Quadravest Inc It is managed by Quadravest Capital Management Inc It invests in the public equity markets of the United States and Canada. The fund primarily invests in stocks of companies operating in the financials sector. Financial 15 Split Corp.

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