Corby Spirit and Wine (TSE:CSW.A) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

Corby Spirit and Wine Ltd (TSE:CSW.A)’s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$14.42 and traded as low as C$13.35. Corby Spirit and Wine shares last traded at C$13.45, with a volume of 29,878 shares trading hands.

Corby Spirit and Wine Stock Performance

The company has a debt-to-equity ratio of 77.55, a current ratio of 2.34 and a quick ratio of 1.77. The firm has a market cap of C$382.91 million, a price-to-earnings ratio of 14.01 and a beta of 0.17. The company has a fifty day moving average price of C$14.37 and a two-hundred day moving average price of C$14.42.

Corby Spirit and Wine Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Friday, September 26th were issued a $0.23 dividend. The ex-dividend date was Wednesday, September 10th. This represents a $0.92 annualized dividend and a dividend yield of 6.8%. Corby Spirit and Wine’s dividend payout ratio is 93.75%.

Corby Spirit and Wine Company Profile

Corby Spirit and Wine Ltd is a Canadian manufacturer, marketer and importer of spirits and wines. The company derives its revenues from the sale of its owned-brands in Canada and other international markets, as well as earning commissions from the representation of selected non-owned brands in the Canadian marketplace.