TWC Enterprises (TSE:TWC) Shares Cross Below 50-Day Moving Average – Time to Sell?

TWC Enterprises Limited (TSE:TWC)’s share price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$23.85 and traded as low as C$22.80. TWC Enterprises shares last traded at C$22.80, with a volume of 1,002 shares.

TWC Enterprises Stock Down 0.9%

The stock has a market capitalization of C$551.05 million, a PE ratio of 15.94 and a beta of 0.37. The company has a 50 day moving average price of C$23.85 and a 200-day moving average price of C$23.43. The company has a debt-to-equity ratio of 6.47, a current ratio of 4.52 and a quick ratio of 1.61.

TWC Enterprises (TSE:TWC) last posted its earnings results on Monday, November 3rd. The company reported C$0.70 earnings per share for the quarter. The firm had revenue of C$78.22 million for the quarter. TWC Enterprises had a return on equity of 9.23% and a net margin of 18.78%.

TWC Enterprises Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 15th were given a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, December 1st. TWC Enterprises’s payout ratio is currently 24.13%.

About TWC Enterprises

TWC Enterprises Ltd is a leisure services provider in Canada. Its core business is Golf club operations under the brand name ClubLink One Membership More Golf. The company’s geographical segment includes Canadian golf club operation and US golf club operation. It generates maximum revenue from the Canadian golf club operation segment.