BMTC Group (TSE:GBT) Stock Price Passes Below 50 Day Moving Average – Time to Sell?

BMTC Group Inc. (TSE:GBT) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$12.98 and traded as low as C$12.61. BMTC Group shares last traded at C$12.61, with a volume of 136 shares traded.

BMTC Group Price Performance

The firm has a market cap of C$402.13 million, a price-to-earnings ratio of 14.01 and a beta of 0.15. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.25 and a current ratio of 1.02. The business has a 50 day simple moving average of C$12.98 and a 200-day simple moving average of C$12.95.

BMTC Group Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, January 6th. Investors of record on Tuesday, January 6th were given a $0.18 dividend. 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%.

BMTC Group Company Profile

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.