Senvest Capital (TSE:SEC) Share Price Passes Above 50 Day Moving Average – Time to Sell?

Senvest Capital Inc. (TSE:SEC)’s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$369.76 and traded as high as C$385.00. Senvest Capital shares last traded at C$385.00, with a volume of 750 shares changing hands.

Senvest Capital Price Performance

The stock’s 50 day moving average is C$370.44 and its two-hundred day moving average is C$361.60. The firm has a market capitalization of C$934.78 million, a P/E ratio of 5.40 and a beta of -0.16.

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

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.