Clairvest Group (TSE:CVG) Reaches New 1-Year High – Should You Buy?

Shares of Clairvest Group Inc. (TSE:CVG) hit a new 52-week high on Monday . The stock traded as high as C$78.95 and last traded at C$78.95, with a volume of 120 shares traded. The stock had previously closed at C$78.00.

Clairvest Group Stock Up 1.2%

The company has a quick ratio of 2.73, a current ratio of 19.89 and a debt-to-equity ratio of 0.53. The firm has a 50 day moving average of C$76.35 and a two-hundred day moving average of C$74.52. The firm has a market capitalization of C$1.06 billion, a price-to-earnings ratio of 9.82 and a beta of 0.16.

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

Clairvest Group Dividend Announcement

The business also recently declared an annual dividend, which was paid on Friday, July 24th. Investors of record on Friday, July 24th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Friday, July 3rd. This represents a dividend yield of 13.0%. Clairvest Group’s 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.