BMTC Group (TSE:GBT) Share Price Passes Above 50-Day Moving Average – Here’s Why

BMTC Group Inc. (TSE:GBTGet Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$13.09 and traded as high as C$13.34. BMTC Group shares last traded at C$12.97, with a volume of 8,901 shares changing hands.

BMTC Group Trading Down 3.3 %

The stock has a market capitalization of C$421.59 million, a price-to-earnings ratio of 15.66 and a beta of 0.58. The company has a debt-to-equity ratio of 2.92, a quick ratio of 0.25 and a current ratio of 1.09. The business has a 50-day moving average of C$13.11 and a 200-day moving average of C$13.31.

BMTC Group (TSE:GBTGet Free Report) last announced its earnings results on Thursday, September 12th. The company reported C$0.60 earnings per share (EPS) for the quarter. BMTC Group had a return on equity of 5.61% and a net margin of 4.64%. The firm had revenue of C$169.39 million during the quarter. As a group, research analysts forecast that BMTC Group Inc. will post 1.2821012 EPS for the current year.

About BMTC Group

(Get Free Report)

BMTC Group Inc, together with its subsidiaries, manages and operates a retail network of furniture, household appliances, and electronic products in Canada. The company operates through Brault & Martineau and EconoMax divisions. BMTC Group Inc was founded in 1989 and is headquartered in Montreal, Canada.

Further Reading

Receive News & Ratings for BMTC Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BMTC Group and related companies with MarketBeat.com's FREE daily email newsletter.