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

Financial 15 Split Corp. (TSE:FTN - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$8.78 and traded as high as C$9.53. Financial 15 Split shares last traded at C$9.53, with a volume of 287,443 shares changing hands.

Financial 15 Split Price Performance

The business has a 50-day moving average price of C$8.88 and a 200 day moving average price of C$8.92. The company has a market cap of C$580.50 million, a price-to-earnings ratio of 3.30 and a beta of 1.44. The company has a current ratio of 1.81, a quick ratio of 1.91 and a debt-to-equity ratio of 119.87.

Financial 15 Split Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, July 10th. Stockholders of record on Thursday, July 10th will be given a dividend of $0.1257 per share. The ex-dividend date of this dividend is Monday, June 30th. This represents a $1.51 dividend on an annualized basis and a dividend yield of 15.71%. Financial 15 Split's dividend payout ratio (DPR) is presently 51.94%.

About Financial 15 Split

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.