Clairvest Group (TSE:CVG) Sets New 52-Week High – What’s Next?

Clairvest Group Inc. (TSE:CVG)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$79.00 and last traded at C$79.00, with a volume of 200 shares trading hands. The stock had previously closed at C$78.95.

Clairvest Group Stock Performance

The company has a current ratio of 19.89, a quick ratio of 2.73 and a debt-to-equity ratio of 0.53. The firm has a fifty day moving average price of C$76.78 and a 200 day moving average price of C$74.88. The firm has a market cap of C$1.06 billion, a PE ratio of 9.83 and a beta of 0.16.

Clairvest Group (TSE:CVG) last announced its quarterly earnings data on Thursday, June 25th. The company reported C$4.56 earnings per share (EPS) for the quarter. Clairvest Group had a net margin of 57.92% and a return on equity of 9.03%. The firm had revenue of C$99.50 million during the quarter.

Clairvest Group Dividend Announcement

The company also recently declared an annual dividend, which was paid on Friday, July 24th. Stockholders of record on Friday, July 24th were paid a $0.10 dividend. The ex-dividend date of this dividend was Friday, July 3rd. This represents a dividend yield of 13.0%. Clairvest Group’s dividend payout ratio is 1.24%.

About Clairvest Group

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.