Clairvest Group (TSE:CVG) Shares Cross Below 50-Day Moving Average – Here’s Why

Clairvest Group Inc. (TSE:CVG)’s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$69.99 and traded as low as C$68.41. Clairvest Group shares last traded at C$69.01, with a volume of 2,506 shares changing hands.

Clairvest Group Stock Down 1.4 %

The firm’s 50 day moving average is C$69.99 and its 200-day moving average is C$70.30. The firm has a market cap of C$1.01 billion, a PE ratio of 690.10 and a beta of -0.03. The company has a quick ratio of 2.73, a current ratio of 3.39 and a debt-to-equity ratio of 0.15.

Clairvest Group Company Profile

Clairvest Group Inc is a private equity firm specializing in mid-market, growth equity investments, growth capital, buyouts, and consolidating industries and add-on acquisitions. It seeks to invest in small and mid-sized gaming and casino, local market gaming, healthcare, equipment rental, facility services, oilfield services, waste management, business services, consumer services, aerospace, architecture and engineering consulting (AEC), agriculture, dental, life science, renewable energy, automotive aftermarket, collision repair, food, beverage and co-packing, defense, document management, warranty, contact manufacturing, environmental services, rental services, residential HVAC services, healthcare services, multiunit healthcare, healthcare IT, insurance services, IT services, logistics and transportation, mining services, packaging, pest control, specialty aviation, education, software (mature), textile rental, utility services, water, building products, government services, industrial distribution and services, information technology and information services, media and marketing, non-destructive testing, renewable energy, property management, and restaurants.