BMTC Group (TSE:GBT) Stock Price Passes Above 50 Day Moving Average – Here’s Why

BMTC Group Inc. (TSE:GBTGet Free Report) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$13.12 and traded as high as C$13.44. BMTC Group shares last traded at C$13.44, with a volume of 1,500 shares.

BMTC Group Trading Up 0.4%

The firm has a market cap of C$430.52 million, a P/E ratio of 15.00 and a beta of 0.22. The company has a 50 day moving average of C$13.15 and a 200 day moving average of C$12.93. The company has a debt-to-equity ratio of 2.44, a quick ratio of 0.25 and a current ratio of 1.07.

BMTC Group Announces Dividend

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

About BMTC Group

(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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