Chesswood Group Ltd (TSE:CHW) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $9.17 and traded as low as $9.64. Chesswood Group shares last traded at $9.71, with a volume of 7,053 shares traded.
The company has a debt-to-equity ratio of 408.78, a quick ratio of 58.30 and a current ratio of 59.91. The firm has a market cap of $161.13 million and a price-to-earnings ratio of 9.74. The firm has a 50-day moving average price of C$9.22 and a two-hundred day moving average price of C$9.86.
Chesswood Group (TSE:CHW) last issued its earnings results on Thursday, August 1st. The company reported C$0.25 earnings per share for the quarter. The business had revenue of C$31.59 million for the quarter, compared to analyst estimates of C$30.90 million. Research analysts anticipate that Chesswood Group Ltd will post 0.71 earnings per share for the current year.
In other news, insider Comrev Investments Limited purchased 20,000 shares of the business’s stock in a transaction on Monday, September 16th. The shares were bought at an average price of C$9.00 per share, with a total value of C$180,000.00. Following the completion of the transaction, the insider now directly owns 1,883,285 shares in the company, valued at approximately C$16,949,565. Also, Director Frederick William Steiner purchased 10,000 shares of the business’s stock in a transaction on Friday, August 30th. The shares were purchased at an average cost of C$8.89 per share, for a total transaction of C$88,920.00. Following the transaction, the director now owns 1,082,732 shares of the company’s stock, valued at C$9,627,652.94. In the last ninety days, insiders have acquired 32,000 shares of company stock worth $286,397.
About Chesswood Group (TSE:CHW)
Chesswood Group Limited, a financial services company, operates primarily in the specialty finance industry. It operates through Equipment Financing – U.S. and Equipment Financing – Canada segments. The Equipment Financing – U.S. segment offers micro and small-ticket commercial equipment financing to small and medium-sized businesses through a network of approximately 600 independent equipment finance broker companies in the lower 48 states of the United States.
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