Financial 15 Split (TSE:FTN) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

Financial 15 Split Corp. (TSE:FTN) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$9.05 and traded as low as C$8.44. Financial 15 Split shares last traded at C$8.69, with a volume of 475,601 shares.

Financial 15 Split Price Performance

The firm has a market cap of C$525.47 million, a P/E ratio of 2.99 and a beta of 1.44. The business’s fifty day simple moving average is C$9.39 and its 200-day simple moving average is C$9.05. The company has a current ratio of 1.81, a quick ratio of 1.91 and a debt-to-equity ratio of 119.87.

Financial 15 Split Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, March 10th. Shareholders of record on Monday, March 10th will be issued a dividend of $0.1257 per share. This represents a $1.51 dividend on an annualized basis and a yield of 17.36%. The ex-dividend date is Friday, February 28th. Financial 15 Split’s payout ratio is presently 51.94%.

Financial 15 Split Company Profile

Financial 15 Split Corp. is an close ended equity mutual fund launched by Quadravest Inc It is managed by Quadravest Capital Management Inc It invests in the public equity markets of the United States and Canada. The fund primarily invests in stocks of companies operating in the financials sector. Financial 15 Split Corp.