TWC Enterprises (TSE:TWC) Stock Passes Below 50 Day Moving Average of $17.08

TWC Enterprises Limited (TSE:TWC)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty 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 Down 1.3 %

The firm has a market capitalization 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 firm’s 50-day moving average is C$17.08 and its 200 day moving average is C$16.87.

TWC Enterprises Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 17th. Shareholders of record on Monday, June 17th will be paid a $0.075 dividend. This represents a $0.30 annualized dividend and a yield of 1.78%. The ex-dividend date is Friday, May 31st. TWC Enterprises’s payout ratio is 33.33%.

About TWC Enterprises

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.