Financial 15 Split (TSE:FTN) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Financial 15 Split Corp. (TSE:FTN) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$9.45 and traded as high as C$9.45. Financial 15 Split shares last traded at C$9.40, with a volume of 201,286 shares traded.

Financial 15 Split Price Performance

The company has a market capitalization of C$571.43 million, a price-to-earnings ratio of 3.25 and a beta of 1.44. The business has a fifty day moving average price of C$9.43 and a 200 day moving average price of C$8.98. The company has a debt-to-equity ratio of 119.87, a current ratio of 1.81 and a quick ratio of 1.91.

Financial 15 Split Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Monday, February 10th. Investors of record on Monday, February 10th were given a dividend of $0.1257 per share. This represents a $1.51 dividend on an annualized basis and a yield of 15.96%. The ex-dividend date of this dividend was Friday, January 31st. Financial 15 Split’s payout ratio is presently 51.94%.

Financial 15 Split Company Profile

Financial 15 Split Corp. is an close ended equity mutual fund launched by Quadravest Inc It is managed by Quadravest Capital Management Inc It invests in the public equity markets of the United States and Canada. The fund primarily invests in stocks of companies operating in the financials sector. Financial 15 Split Corp.