Clairvest Group (TSE:CVG) Shares Cross Below 50-Day Moving Average – Time to Sell?

Shares of Clairvest Group Inc. (TSE:CVG) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$72.01 and traded as low as C$70.99. Clairvest Group shares last traded at C$70.99, with a volume of 1,510 shares trading hands.

Clairvest Group Stock Performance

The firm’s 50 day moving average price is C$72.01 and its two-hundred day moving average price is C$71.68. The company has a market cap of C$971.21 million, a P/E ratio of 13.65 and a beta of 0.01.

Clairvest Group (TSE:CVG) last issued its earnings results on Wednesday, February 11th. The company reported C$7.65 earnings per share (EPS) for the quarter. Clairvest Group had a net margin of 66.09% and a return on equity of 7.14%. The business had revenue of C$129.98 million for the quarter.

About Clairvest Group

Clairvest Group Inc is a Canadian equity investment firm. The company invests in and partners with the management teams of business that have the potential to create average returns in their respective industries. Clairvest contributes financing and strategic expertise to support the growth and development of its investee companies in order to create realizable value for all shareholders. It invests its own capital into entrepreneurial corporations.