TWC Enterprises (TSE:TWC) Share Price Passes Above 50 Day Moving Average – Here’s Why

TWC Enterprises Limited (TSE:TWC)’s stock price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$18.12 and traded as high as C$18.26. TWC Enterprises shares last traded at C$18.26, with a volume of 1,300 shares traded.

TWC Enterprises Stock Performance

The firm has a market cap of C$445.06 million, a price-to-earnings ratio of 18.26 and a beta of 1.16. The stock has a 50-day moving average of C$18.12 and a 200-day moving average of C$18.02. The company has a debt-to-equity ratio of 6.96, a quick ratio of 1.61 and a current ratio of 3.19.

TWC Enterprises Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 16th were given a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date was Monday, December 2nd. TWC Enterprises’s dividend payout ratio is presently 30.00%.

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.