TWC Enterprises (TSE:TWC) Trading Up 2.5% - Should You Buy?

Key Points

• TWC Enterprises Limited shares rose by 2.5% to C$23.25, despite a significant drop in trading volume, which fell by 88% compared to its average daily volume.
• The company announced a quarterly dividend of $0.09 per share, with a yield of 1.5% and a payout ratio of 14.68%.
• TWC Enterprises has a market capitalization of C$566.74 million and a current ratio of 4.52, indicating healthy liquidity positions.

TWC Enterprises Limited (TSE:TWC - )'s share price was up 2.5% during mid-day trading on Wednesday . The stock traded as high as C$23.25 and last traded at C$23.25. Approximately 300 shares were traded during trading, a decline of 88% from the average daily volume of 2,414 shares. The stock had previously closed at C$22.69.

TWC Enterprises Trading Up 2.5%

The company has a debt-to-equity ratio of 6.47, a quick ratio of 1.61 and a current ratio of 4.52. The company's fifty day simple moving average is C$22.36 and its 200-day simple moving average is C$19.40. The company has a market capitalization of C$566.74 million, a P/E ratio of 11.38 and a beta of 1.16.

TWC Enterprises Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Monday, June 16th were issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 1.5%. The ex-dividend date was Friday, May 30th. TWC Enterprises's dividend payout ratio is presently 14.68%.

About TWC Enterprises

TWC Enterprises Limited owns, operates, and manages golf clubs under the ClubLink One Membership More Golf brand in Canada and the United States. The company was formerly known as ClubLink Enterprises Limited and changed its name to TWC Enterprises Limited in May 2014. The company was incorporated in 1997 and is based in King City, Canada.

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