Financial 15 Split (TSE:FTN) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Financial 15 Split Corp. (TSE:FTNGet Free Report)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$9.05 and traded as low as C$8.44. Financial 15 Split shares last traded at C$8.69, with a volume of 475,601 shares changing hands.

Financial 15 Split Trading Up 2.5 %

The company has a debt-to-equity ratio of 119.87, a quick ratio of 1.91 and a current ratio of 1.81. The stock has a market cap of C$525.47 million, a P/E ratio of 2.99 and a beta of 1.44. The stock has a 50-day moving average price of C$9.39 and a 200-day moving average price of C$9.05.

Financial 15 Split Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, March 10th. Shareholders of record on Monday, March 10th will be given a dividend of $0.1257 per share. The ex-dividend date is Friday, February 28th. This represents a $1.51 annualized dividend and a yield of 17.36%. Financial 15 Split’s payout ratio is presently 51.94%.

About Financial 15 Split

(Get Free Report)

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.

Further Reading

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