Clairvest Group (TSE:CVG) Stock Price Crosses Above Fifty Day Moving Average – Here’s Why

Clairvest Group Inc. (TSE:CVG)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$71.49 and traded as high as C$72.01. Clairvest Group shares last traded at C$72.00, with a volume of 1,746 shares.

Clairvest Group Price Performance

The stock has a fifty day moving average of C$71.49 and a 200 day moving average of C$71.89. The firm has a market capitalization of C$990.36 million, a P/E ratio of 288.00 and a beta of 0.00.

Clairvest Group (TSE:CVG) last released its earnings results on Wednesday, November 12th. The company reported C($5.43) EPS for the quarter. Clairvest Group had a return on equity of 7.14% and a net margin of 66.09%.The business had revenue of C($95.01) million for the quarter.

Clairvest Group Company Profile

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.