TerraVest Industries (TSE:TVK) Share Price Crosses Above Fifty Day Moving Average of $57.06

TerraVest Industries Inc. (TSE:TVK)’s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$57.06 and traded as high as C$68.27. TerraVest Industries shares last traded at C$68.10, with a volume of 48,615 shares traded.

TerraVest Industries Stock Performance

The stock has a market cap of C$1.30 billion, a price-to-earnings ratio of 27.59 and a beta of 0.66. The company has a current ratio of 2.07, a quick ratio of 0.91 and a debt-to-equity ratio of 149.19. The stock’s 50 day moving average is C$57.96 and its two-hundred day moving average is C$46.00.

TerraVest Industries (TSE:TVK) last released its earnings results on Thursday, February 8th. The company reported C$0.94 EPS for the quarter. TerraVest Industries had a net margin of 6.52% and a return on equity of 23.89%. The company had revenue of C$228.09 million during the quarter. Analysts anticipate that TerraVest Industries Inc. will post 0.78 earnings per share for the current fiscal year.

TerraVest Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 10th. Stockholders of record on Wednesday, April 10th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.84%. The ex-dividend date of this dividend was Wednesday, March 27th. TerraVest Industries’s dividend payout ratio (DPR) is presently 23.08%.

Insider Transactions at TerraVest Industries

In other news, Senior Officer Marilyn Boucher bought 1,000 shares of TerraVest Industries stock in a transaction dated Friday, March 8th. The stock was bought at an average price of C$55.00 per share, for a total transaction of C$55,000.00. Company insiders own 32.27% of the company’s stock.

TerraVest Industries Company Profile

TerraVest Industries Inc manufactures and sells goods and services to energy, agriculture, mining, transportation, and other markets in Canada and the United States. It operates through four segments: Home Heating and Cooling Products (HVAC Equipment); Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment); Energy Processing Equipment (Processing Equipment); and Service.