Canlan Ice Sports (TSE:ICE) Shares Pass Below 200 Day Moving Average of $4.01

Shares of Canlan Ice Sports Corp. (TSE:ICE) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$4.01 and traded as low as C$3.81. Canlan Ice Sports shares last traded at C$3.81, with a volume of 0 shares.

Canlan Ice Sports Trading Up 0.8 %

The company has a market capitalization of C$50.83 million, a P/E ratio of 127.00 and a beta of 1.04. The stock’s 50 day moving average is C$3.85 and its 200-day moving average is C$4.01. The company has a debt-to-equity ratio of 110.34, a current ratio of 0.82 and a quick ratio of 0.56.

Canlan Ice Sports (TSE:ICE) last announced its earnings results on Friday, May 10th. The company reported C$0.32 earnings per share for the quarter. Canlan Ice Sports had a net margin of 0.50% and a return on equity of 0.95%. The business had revenue of C$26.19 million during the quarter.

Canlan Ice Sports Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 16th. Shareholders of record on Tuesday, July 16th will be paid a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 3.15%. The ex-dividend date of this dividend is Friday, June 28th. Canlan Ice Sports’s dividend payout ratio is 400.00%.

About Canlan Ice Sports

Canlan Ice Sports Corp. engages in the acquisition, development, lease, and operation of recreation facilities in North America. It operates through Ice/Field Sales and Internal Programming; Food and Beverage; Sports Stores; Sponsorship; Space Rental; and Management and Consulting segments. It offers rental of ice or field time, organizes leagues, and tournaments, and lessons and youth camps; restaurants and concession outlets; vindoor and exterior space services.