TerraVest Industries (TSE:TVK) Hits New 52-Week High at $75.08

Shares of TerraVest Industries Inc. (TSE:TVK) reached a new 52-week high during trading on Monday . The company traded as high as C$75.08 and last traded at C$74.10, with a volume of 9846 shares trading hands. The stock had previously closed at C$73.18.

TerraVest Industries Stock Up 8.1 %

The company has a market capitalization of C$1.45 billion, a PE ratio of 28.47 and a beta of 0.68. The business’s 50 day simple moving average is C$64.10 and its 200 day simple moving average is C$50.58. The company has a debt-to-equity ratio of 149.19, a current ratio of 2.07 and a quick ratio of 0.91.

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

TerraVest Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 10th. Investors of record on Wednesday, April 10th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $0.60 annualized dividend and a dividend yield of 0.75%. TerraVest Industries’s payout ratio is currently 23.08%.

Insider Buying and Selling at TerraVest Industries

In other news, Senior Officer Marilyn Boucher bought 1,000 shares of the firm’s 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. In related news, Senior Officer Marilyn Boucher bought 1,000 shares of the firm’s stock in a transaction on Friday, March 8th. The stock was bought at an average cost of C$55.00 per share, for a total transaction of C$55,000.00. Also, Director Blair Cook sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of C$74.50, for a total value of C$298,000.00. 32.46% of the stock is owned by corporate insiders.

About TerraVest Industries

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.