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

Financial 15 Split logo with Financial Services background

Financial 15 Split Corp. (TSE:FTN - Get Free Report) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$8.19 and traded as high as C$9.02. Financial 15 Split shares last traded at C$9.01, with a volume of 202,214 shares changing hands.

Financial 15 Split Trading Up 0.2%

The company has a current ratio of 1.81, a quick ratio of 1.91 and a debt-to-equity ratio of 119.87. The company has a market cap of C$558.13 million, a PE ratio of 3.17 and a beta of 1.44. The company has a fifty day simple moving average of C$8.25 and a two-hundred day simple moving average of C$8.99.

Financial 15 Split Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, March 10th. Investors of record on Monday, March 10th were paid a dividend of $0.1257 per share. The ex-dividend date of this dividend was Friday, February 28th. This represents a $1.51 dividend on an annualized basis and a dividend yield of 16.34%. Financial 15 Split's payout ratio is 51.94%.

About Financial 15 Split

(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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