TerraVest Industries (TSE:TVK) Sets New 12-Month High at $75.08

TerraVest Industries Inc. (TSE:TVK) hit a new 52-week high during trading on Monday . The stock traded as high as C$75.08 and last traded at C$74.10, with a volume of 9846 shares changing hands. The stock had previously closed at C$73.18.

TerraVest Industries Stock Up 1.0 %

The stock has a market cap of C$1.34 billion, a price-to-earnings ratio of 28.15 and a beta of 0.66. The business has a fifty day moving average of C$63.40 and a 200 day moving average of C$50.03. The company has a debt-to-equity ratio of 149.19, a current ratio of 2.07 and a quick ratio of 0.91.

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

TerraVest Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 10th. Investors of record on Wednesday, April 10th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date of this dividend was Wednesday, March 27th. TerraVest Industries’s dividend payout ratio is presently 23.08%.

Insider Buying and Selling at TerraVest Industries

In related news, Director Blair Cook sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of C$74.50, for a total value of C$298,000.00. In related news, Director Blair Cook sold 4,000 shares of the firm’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of C$74.50, for a total value of C$298,000.00. Also, Senior Officer Marilyn Boucher bought 1,000 shares of the company’s stock in a transaction that occurred on Friday, March 8th. The stock was purchased at an average price of C$55.00 per share, for a total transaction of C$55,000.00. Corporate insiders own 32.27% of the company’s stock.

TerraVest Industries Company Profile

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.