BMTC Group (TSE:GBT) Stock Passes Below 50 Day Moving Average – Should You Sell?

Shares of BMTC Group Inc. (TSE:GBTGet Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$12.98 and traded as low as C$12.80. BMTC Group shares last traded at C$12.80, with a volume of 300 shares trading hands.

BMTC Group Price Performance

The company has a 50 day moving average price of C$12.98 and a two-hundred day moving average price of C$13.01. The company has a debt-to-equity ratio of 1.95, a current ratio of 1.02 and a quick ratio of 0.25. The stock has a market cap of C$408.19 million, a PE ratio of 14.22 and a beta of 0.15.

BMTC Group Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, January 6th. Stockholders of record on Tuesday, January 6th were issued a dividend of $0.18 per share. This represents a dividend yield of 144.0%. The ex-dividend date of this dividend was Friday, December 19th. BMTC Group’s payout ratio is presently 40.00%.

BMTC Group Company Profile

(Get Free Report)

BMTC Group Inc is a holding company. The company through its subsidiaries manages and operates furniture and household and electronic appliance retail sales networks in Quebec. The company manages and operates a retail network of furniture.

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