Financial 15 Split (TSE:FTN) Stock Crosses 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 Wednesday . The stock has a 50 day moving average of C$8.31 and traded as high as C$9.15. Financial 15 Split shares last traded at C$8.95, with a volume of 276,487 shares changing hands.

Financial 15 Split Trading Up 0.5%

The stock has a market cap of C$555.10 million, a P/E ratio of 3.16 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. The stock's fifty day moving average price is C$8.33 and its 200 day moving average price is C$9.00.

Financial 15 Split Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Monday, March 10th. Investors of record on Monday, March 10th were given a dividend of $0.1257 per share. This represents a $1.51 annualized dividend and a yield of 16.43%. The ex-dividend date was Friday, February 28th. Financial 15 Split's dividend payout ratio (DPR) is 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.