TWC Enterprises (TSE:TWC) Share Price Crosses Below 50 Day Moving Average – Time to Sell?

TWC Enterprises Limited (TSE:TWC)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$23.85 and traded as low as C$22.80. TWC Enterprises shares last traded at C$22.80, with a volume of 1,002 shares traded.

TWC Enterprises Stock Performance

The company has a quick ratio of 1.61, a current ratio of 4.52 and a debt-to-equity ratio of 6.47. The company has a market cap of C$551.05 million, a PE ratio of 15.94 and a beta of 0.37. The business’s fifty day moving average is C$23.85 and its 200-day moving average is C$23.43.

TWC Enterprises (TSE:TWC) last issued its quarterly earnings data on Monday, November 3rd. The company reported C$0.70 earnings per share (EPS) for the quarter. The firm had revenue of C$78.22 million during the quarter. TWC Enterprises had a net margin of 18.78% and a return on equity of 9.23%.

TWC Enterprises Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 15th were paid a dividend of $0.09 per share. The ex-dividend date was Monday, December 1st. This represents a $0.36 dividend on an annualized basis and a yield of 1.6%. TWC Enterprises’s dividend payout ratio (DPR) is presently 24.13%.

About TWC Enterprises

TWC Enterprises Ltd is a leisure services provider in Canada. Its core business is Golf club operations under the brand name ClubLink One Membership More Golf. The company’s geographical segment includes Canadian golf club operation and US golf club operation. It generates maximum revenue from the Canadian golf club operation segment.