TerraVest Industries (TSE:TVK) Share Price Passes Above Fifty Day Moving Average of $32.60

TerraVest Industries Inc. (TSE:TVK)’s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$32.60 and traded as high as C$36.14. TerraVest Industries shares last traded at C$36.08, with a volume of 1,705 shares.

TerraVest Industries Trading Down 0.5 %

The company has a market cap of C$643.31 million, a price-to-earnings ratio of 13.93 and a beta of 0.59. The business’s fifty day moving average price is C$32.60 and its 200 day moving average price is C$28.99. The company has a debt-to-equity ratio of 124.32, a current ratio of 1.77 and a quick ratio of 0.91.

TerraVest Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 10th. Stockholders of record on Saturday, September 30th will be issued a dividend of $0.125 per share. The ex-dividend date is Thursday, September 28th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.39%. TerraVest Industries’s dividend payout ratio (DPR) is presently 19.31%.

About TerraVest Industries

TerraVest Industries Inc manufactures and sells goods and services to energy, agriculture, mining, and transportation markets in Canada and the United States. It operates through three segments: Fuel Containment, Processing Equipment, and Service. The Fuel Containment segment manufactures bulk liquefied petroleum gas (LPG) transport trailers, LPG delivery and service trucks, LPG storage tanks, residential and commercial LPG tanks and dispensers, custom pressure vessels, commercial and residential refined fuel tanks, and furnaces and boilers.