FirstService (TSE:FSV) Shares Cross Above Two Hundred Day Moving Average of $183.72

FirstService Co. (TSE:FSV – Get Rating) (NASDAQ:FSV) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$183.72 and traded as high as C$197.80. FirstService shares last traded at C$197.15, with a volume of 43,104 shares changing hands.

FirstService Stock Up 1.1 %

The company has a quick ratio of 1.25, a current ratio of 1.83 and a debt-to-equity ratio of 89.54. The firm has a market cap of C$8.79 billion, a P/E ratio of 53.14, a PEG ratio of 107.75 and a beta of 1.00. The stock’s 50-day simple moving average is C$193.35 and its 200 day simple moving average is C$183.72.

FirstService Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 7th. Shareholders of record on Friday, June 30th will be given a dividend of $0.305 per share. The ex-dividend date of this dividend is Thursday, June 29th. This represents a $1.22 dividend on an annualized basis and a yield of 0.62%. This is a boost from FirstService’s previous quarterly dividend of $0.30. FirstService’s dividend payout ratio is 32.88%.

Insider Buying and Selling at FirstService

In related news, Senior Officer Jeremy Alan Rakusin acquired 1,000 shares of the business’s stock in a transaction dated Wednesday, March 8th. The shares were bought at an average price of C$190.20 per share, with a total value of C$190,200.00. Insiders own 11.30% of the company’s stock.

About FirstService

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FirstService Corporation, together with its subsidiaries, provides residential property management and other essential property services to residential and commercial customers in the United States and Canada. The company operates in two segments, FirstService Residential and FirstService Brands. The FirstService Residential segment offers property management services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments.