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

TWC Enterprises Limited (TSE:TWCGet Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$23.59 and traded as low as C$22.50. TWC Enterprises shares last traded at C$22.50, with a volume of 800 shares changing hands.

TWC Enterprises Stock Performance

The company has a debt-to-equity ratio of 6.47, a current ratio of 4.52 and a quick ratio of 1.61. The business has a 50-day moving average of C$23.59 and a 200-day moving average of C$23.43. The company has a market capitalization of C$543.80 million, a P/E ratio of 15.73 and a beta of 0.37.

TWC Enterprises Announces Dividend

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

About TWC Enterprises

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for TWC Enterprises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TWC Enterprises and related companies with MarketBeat.com's FREE daily email newsletter.