Chesswood Group (TSE:CHW) Stock Passes Below 200 Day Moving Average of $7.56

Chesswood Group Limited (TSE:CHW)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$7.56 and traded as low as C$7.24. Chesswood Group shares last traded at C$7.30, with a volume of 5,870 shares traded.

Chesswood Group Stock Down 2.0 %

The company has a current ratio of 44.92, a quick ratio of 38.05 and a debt-to-equity ratio of 1,047.24. The firm has a market capitalization of C$133.66 million, a P/E ratio of -4.42 and a beta of 2.15. The stock’s 50-day simple moving average is C$7.66 and its 200-day simple moving average is C$7.57.

Chesswood Group (TSE:CHW) last released its earnings results on Thursday, March 14th. The company reported C($0.65) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.09) by C($0.56). The business had revenue of C$74.76 million during the quarter, compared to the consensus estimate of C$79.24 million. Chesswood Group had a negative net margin of 28.21% and a negative return on equity of 15.79%. As a group, research analysts predict that Chesswood Group Limited will post 1.1459969 earnings per share for the current fiscal year.

Chesswood Group Company Profile

Chesswood Group Limited operates primarily in the specialty finance industry in North America. The company offers micro and small-ticket commercial equipment financing and origination to small and medium-sized businesses through the third-party broker and equipment vendor channels; and commercial equipment financing and loans to small and medium-sized businesses.