Clairvest Group (TSE:CVG) Share Price Crosses Below Fifty Day Moving Average – Should You Sell?

Clairvest Group Inc. (TSE:CVG)’s stock price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$71.99 and traded as low as C$70.19. Clairvest Group shares last traded at C$70.43, with a volume of 6,833 shares trading hands.

Clairvest Group Stock Performance

The stock has a market cap of C$963.55 million, a PE ratio of 13.54 and a beta of 0.01. The company has a 50 day moving average of C$71.99 and a two-hundred day moving average of C$71.55.

Clairvest Group (TSE:CVG) last issued its quarterly earnings data on Wednesday, February 11th. The company reported C$7.65 EPS for the quarter. The company had revenue of C$129.98 million for the quarter. Clairvest Group had a return on equity of 7.14% and a net margin of 66.09%.

Clairvest Group Company Profile

Clairvest Group Inc is a Canadian equity investment firm. The company invests in and partners with the management teams of business that have the potential to create average returns in their respective industries. Clairvest contributes financing and strategic expertise to support the growth and development of its investee companies in order to create realizable value for all shareholders. It invests its own capital into entrepreneurial corporations.