Financial 15 Split (TSE:FTN) Shares Pass Above 50-Day Moving Average – What’s Next?

Financial 15 Split Corp. (TSE:FTN) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$9.45 and traded as high as C$9.45. Financial 15 Split shares last traded at C$9.40, with a volume of 201,286 shares.

Financial 15 Split Trading Down 0.2 %

The business’s 50-day simple moving average is C$9.43 and its 200-day simple moving average is C$8.98. The company has a market cap of C$571.43 million, a price-to-earnings ratio of 3.25 and a beta of 1.44. The company has a debt-to-equity ratio of 119.87, a current ratio of 1.81 and a quick ratio of 1.91.

Financial 15 Split Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, February 10th. Stockholders of record on Monday, February 10th were paid a dividend of $0.1257 per share. The ex-dividend date was Friday, January 31st. This represents a $1.51 annualized dividend and a dividend yield of 15.96%. Financial 15 Split’s dividend 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.