Dynacor Group (TSE:DNG) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

Dynacor Group Inc. (TSE:DNG)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$5.60 and traded as low as C$4.40. Dynacor Group shares last traded at C$4.41, with a volume of 175,590 shares changing hands.

Dynacor Group Trading Down 5.8 %

The company has a current ratio of 4.36, a quick ratio of 3.50 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of C$130.41 million, a P/E ratio of 6.19 and a beta of 1.09. The business’s fifty day simple moving average is C$5.39 and its two-hundred day simple moving average is C$5.61.

Dynacor Group Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, April 17th. Investors of record on Thursday, April 17th will be given a dividend of $0.0133 per share. This represents a $0.16 dividend on an annualized basis and a yield of 3.62%. The ex-dividend date is Thursday, April 10th. Dynacor Group’s dividend payout ratio (DPR) is presently 19.64%.

Insider Activity at Dynacor Group

In other Dynacor Group news, Senior Officer Daniel Misiano purchased 5,000 shares of the firm’s stock in a transaction on Thursday, February 6th. The shares were purchased at an average price of C$5.50 per share, for a total transaction of C$27,500.00. Corporate insiders own 18.59% of the company’s stock.

Dynacor Group Company Profile

Dynacor, with 27 years of experience, is a Canadian-based dividend-paying industrial gold ore processor. The corporation is engaged in gold production by processing ore purchased from the ASM (artisanal and small-scale mining) industry. Dynacor operates in Peru, where its management and processing teams have decades of experience working with ASM miners.