Crown Crafts (NASDAQ:CRWS) Stock Price Passes Above 200-Day Moving Average of $5.19

Crown Crafts, Inc. (NASDAQ:CRWS) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $5.19 and traded as high as $5.22. Crown Crafts shares last traded at $5.01, with a volume of 35,408 shares.

Crown Crafts Price Performance

The stock has a 50 day moving average price of $5.09 and a two-hundred day moving average price of $5.19. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.74 and a current ratio of 4.13. The company has a market capitalization of $49.98 million, a PE ratio of 9.96 and a beta of 0.82.

Crown Crafts (NASDAQ:CRWS) last posted its quarterly earnings results on Friday, June 28th. The textile maker reported $0.10 earnings per share for the quarter. Crown Crafts had a return on equity of 9.77% and a net margin of 5.58%. The company had revenue of $22.58 million during the quarter.

Crown Crafts Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 5th. Stockholders of record on Friday, June 14th will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 6.56%. The ex-dividend date of this dividend is Friday, June 14th. Crown Crafts’s dividend payout ratio (DPR) is presently 65.31%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Crown Crafts stock. Empowered Funds LLC lifted its stake in Crown Crafts, Inc. (NASDAQ:CRWS) by 8.0% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 37,922 shares of the textile maker’s stock after acquiring an additional 2,800 shares during the period. Empowered Funds LLC owned 0.37% of Crown Crafts worth $193,000 at the end of the most recent reporting period. 30.23% of the stock is currently owned by institutional investors.

Crown Crafts Company Profile

Crown Crafts, Inc, through its subsidiaries, operates in the consumer products industry in the United States and internationally. It provides infant, toddler, and juvenile products, including infant and toddler beddings; blankets and swaddle blankets; dolls and plush toys; nursery and toddler accessories; room décors; reusable and disposable bibs; burp cloths; hooded bath towels and washcloths; reusable and disposable placemats, and floor mats; disposable toilet seat covers and changing mats; developmental toys; feeding and care goods; and other infant, toddler, and juvenile soft goods.