TerraVest Industries (TSE:TVK) Reaches New 12-Month High at $64.98

TerraVest Industries Inc. (TSE:TVK - Get Free Report)'s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as C$64.98 and last traded at C$62.50, with a volume of 2053 shares changing hands. The stock had previously closed at C$61.03.

TerraVest Industries Price Performance

The business's fifty day simple moving average is C$54.75 and its 200-day simple moving average is C$44.43. The company has a current ratio of 2.07, a quick ratio of 0.91 and a debt-to-equity ratio of 149.19. The firm has a market cap of C$1.21 billion, a P/E ratio of 24.11 and a beta of 0.66.

TerraVest Industries (TSE:TVK - Get Free Report) last released its quarterly earnings results on Thursday, February 8th. The company reported C$0.94 earnings per share for the quarter. The firm had revenue of C$228.09 million for the quarter. TerraVest Industries had a net margin of 6.52% and a return on equity of 23.89%. As a group, analysts forecast that TerraVest Industries Inc. will post 0.78 EPS for the current fiscal year.

TerraVest Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 10th. Investors of record on Wednesday, April 10th will be paid a $0.15 dividend. The ex-dividend date is Wednesday, March 27th. This represents a $0.60 dividend on an annualized basis and a yield of 0.90%. TerraVest Industries's dividend payout ratio is presently 23.08%.


Insider Activity at TerraVest Industries

In other news, Senior Officer Marilyn Boucher bought 1,000 shares of TerraVest Industries stock in a transaction that occurred on Friday, March 8th. The shares were acquired at an average price of C$55.00 per share, with a total value of C$55,000.00. 32.27% of the stock is owned by insiders.

TerraVest Industries Company Profile

(Get Free Report)

TerraVest Industries Inc manufactures and sells goods and services to energy, agriculture, mining, transportation, and other markets in Canada and the United States. It operates through four segments: Home Heating and Cooling Products (HVAC Equipment); Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment); Energy Processing Equipment (Processing Equipment); and Service.

Featured Articles

Should you invest $1,000 in TerraVest Industries right now?

Before you consider TerraVest Industries, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TerraVest Industries wasn't on the list.

While TerraVest Industries currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

5G Stocks: The Path Forward is Profitable Cover

Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report

Featured Articles and Offers

Search Headlines: