Clairvest Group (TSE:CVG) Hits New 1-Year High – Time to Buy?

Clairvest Group Inc. (TSE:CVG)’s share price hit a new 52-week high on Thursday . The stock traded as high as C$79.00 and last traded at C$79.00, with a volume of 200 shares traded. The stock had previously closed at C$78.95.

Clairvest Group Stock Performance

The company has a debt-to-equity ratio of 0.53, a current ratio of 19.89 and a quick ratio of 2.73. The company has a market cap of C$1.06 billion, a price-to-earnings ratio of 9.83 and a beta of 0.16. The firm has a 50 day simple moving average of C$76.78 and a 200-day simple moving average of C$74.88.

Clairvest Group (TSE:CVG) last announced its quarterly earnings results on Thursday, June 25th. The company reported C$4.56 EPS for the quarter. The business had revenue of C$99.50 million for the quarter. Clairvest Group had a return on equity of 9.03% and a net margin of 57.92%.

Clairvest Group Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Friday, July 24th. Investors of record on Friday, July 24th were issued a $0.10 dividend. This represents a yield of 13.0%. The ex-dividend date was Friday, July 3rd. Clairvest Group’s payout ratio is 1.24%.

Clairvest Group Company Profile

Clairvest Group Inc is a Canadian equity investment firm. The company invests in and partners with the management teams of business that have the potential to create average returns in their respective industries. Clairvest contributes financing and strategic expertise to support the growth and development of its investee companies in order to create realizable value for all shareholders. It invests its own capital into entrepreneurial corporations.