TWC Enterprises (TSE:TWC) Stock Passes Below Fifty Day Moving Average of $17.08

Shares of TWC Enterprises Limited (TSE:TWC) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$17.08 and traded as low as C$16.00. TWC Enterprises shares last traded at C$16.82, with a volume of 2,300 shares traded.

TWC Enterprises Stock Performance

The firm has a market cap of C$412.09 million, a P/E ratio of 18.69 and a beta of 1.15. The company has a debt-to-equity ratio of 12.04, a quick ratio of 1.61 and a current ratio of 4.90. The business’s 50-day simple moving average is C$17.08 and its 200 day simple moving average is C$16.87.

TWC Enterprises Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 17th. Investors of record on Monday, June 17th will be given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date of this dividend is Friday, May 31st. TWC Enterprises’s dividend payout ratio (DPR) is presently 33.33%.

TWC Enterprises Company Profile

TWC Enterprises Limited owns, operates, and manages golf clubs under the ClubLink One Membership More Golf brand in Canada and the United States. The company was formerly known as ClubLink Enterprises Limited and changed its name to TWC Enterprises Limited in May 2014. The company was incorporated in 1997 and is based in King City, Canada.