BMTC Group (TSE:GBT) Stock Price Crosses Below 50-Day Moving Average – What’s Next?

BMTC Group Inc. (TSE:GBT) crossed 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 changing hands.

BMTC Group Price Performance

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

BMTC Group Announces Dividend

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

About BMTC Group

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.