Senvest Capital (TSE:SEC) Shares Pass Below 50-Day Moving Average – Here’s What Happened

Senvest Capital Inc. (TSE:SEC)’s share price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$367.81 and traded as low as C$357.50. Senvest Capital shares last traded at C$357.50, with a volume of 101 shares changing hands.

Senvest Capital Price Performance

The stock has a market cap of C$868.01 million, a price-to-earnings ratio of 5.02 and a beta of -0.05. The business has a fifty day moving average of C$367.81 and a 200 day moving average of C$360.40.

Senvest Capital (TSE:SEC) last posted its earnings results on Friday, November 7th. The company reported C$70.97 EPS for the quarter. Senvest Capital had a net margin of 53.09% and a return on equity of 13.97%. The company had revenue of C$536.92 million during the quarter.

Senvest Capital Company Profile

Senvest Capital Inc is a Canada-based company that holds and manages a portfolio of equity and real estate investments that are located predominantly in the United States. Its investments in both publicly traded and privately-held companies are mainly carried out through Senvest International, while its investments in real estate are mainly carried out through PPI, Senvest Argentina, and Senvest Equities. The company also provides services to the two Funds which are targeted toward institutions and high net worth individuals.