Insider Selling: TerraVest Industries Inc. (TSE:TVK) Director Sells C$298,000.00 in Stock

Posted by Amy Steele on Apr 18th, 2024

TerraVest Industries Inc. (TSE:TVK – Get Free Report) Director Blair Cook sold 4,000 shares of the company’s stock in a transaction dated Monday, April 15th. The shares were sold at an average price of C$74.50, for a total transaction of C$298,000.00.

Blair Cook also recently made the following trade(s):

On Wednesday, April 17th, Blair Cook acquired 135 shares of TerraVest Industries stock. The stock was purchased at an average cost of C$71.97 per share, with a total value of C$9,715.95.

TerraVest Industries Stock Down 0.6 %

Shares of TSE TVK opened at C$71.19 on Thursday. The firm’s 50 day moving average price is C$59.58 and its 200 day moving average price is C$47.01. The company has a debt-to-equity ratio of 149.19, a quick ratio of 0.91 and a current ratio of 2.07. The firm has a market cap of C$1.29 billion, a P/E ratio of 27.38 and a beta of 0.66. TerraVest Industries Inc. has a 1 year low of C$24.92 and a 1 year high of C$74.67.

TerraVest Industries (TSE:TVK – Get Free Report) last announced its quarterly earnings data on Thursday, February 8th. The company reported C$0.94 EPS for the quarter. The business had revenue of C$228.09 million during the quarter. TerraVest Industries had a return on equity of 23.89% and a net margin of 6.52%. As a group, sell-side analysts anticipate that TerraVest Industries Inc. will post 0.78 earnings per share for the current year.

TerraVest Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 10th. Stockholders of record on Wednesday, April 10th were issued a dividend of $0.15 per share. The ex-dividend date was Wednesday, March 27th. This represents a $0.60 annualized dividend and a dividend yield of 0.84%. TerraVest Industries’s payout ratio is currently 23.08%.

About TerraVest Industries

(Get Free Report)

TerraVest Industries Inc manufactures and sells goods and services to energy, agriculture, mining, transportation, and other markets in Canada and the United States. It operates through four segments: Home Heating and Cooling Products (HVAC Equipment); Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment); Energy Processing Equipment (Processing Equipment); and Service.