TerraVest Industries (TSE:TVK) Reaches New 52-Week High at $70.06

TerraVest Industries Inc. (TSE:TVK - Get Free Report) hit a new 52-week high on Wednesday . The company traded as high as C$70.06 and last traded at C$69.83, with a volume of 60990 shares. The stock had previously closed at C$68.10.

TerraVest Industries Stock Performance

The company has a market cap of C$1.26 billion, a P/E ratio of 26.73 and a beta of 0.66. The company has a quick ratio of 0.91, a current ratio of 2.07 and a debt-to-equity ratio of 149.19. The stock has a 50 day moving average price of C$57.48 and a two-hundred day moving average price of C$45.82.

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

TerraVest Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 10th. Investors of record on Wednesday, April 10th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date of this dividend is Wednesday, March 27th. TerraVest Industries's dividend payout ratio is currently 23.08%.


Insider Buying and Selling

In related news, Senior Officer Marilyn Boucher purchased 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 currently owned by company insiders.

About TerraVest Industries

(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.

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