Clairvest Group (TSE:CVG) Hits New 12-Month High – Should You Buy?

Clairvest Group Inc. (TSE:CVGGet Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as C$77.60 and last traded at C$77.60, with a volume of 907 shares trading hands. The stock had previously closed at C$76.00.

Clairvest Group Stock Performance

The stock has a 50 day moving average of C$75.75 and a two-hundred day moving average of C$73.77. The stock has a market cap of C$1.04 billion, a PE ratio of 9.65 and a beta of 0.15.

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

Clairvest Group Dividend Announcement

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

About Clairvest Group

(Get Free Report)

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.

Further Reading

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