Financial 15 Split (TSE:FTN) Share Price Passes Above 50 Day Moving Average - Time to Sell?

Shares of Financial 15 Split Corp. (TSE:FTN - Get Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$9.20 and traded as high as C$9.78. Financial 15 Split shares last traded at C$9.75, with a volume of 124,745 shares changing hands.

Financial 15 Split Trading Up 0.1%

The firm has a market capitalization of C$591.99 million, a PE ratio of 3.37 and a beta of 1.44. The company's 50-day simple moving average is C$9.20 and its 200 day simple moving average is C$8.94. The company has a quick ratio of 1.91, a current ratio of 1.81 and a debt-to-equity ratio of 119.87.

Financial 15 Split Announces Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, July 10th. Shareholders of record on Thursday, July 10th were given a dividend of $0.1257 per share. This represents a $1.51 annualized dividend and a dividend yield of 15.41%. The ex-dividend date was Monday, June 30th. Financial 15 Split's payout ratio is 51.94%.

Financial 15 Split Company Profile

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.