Dynacor Group (TSE:DNG) Stock Price Passes Below 200 Day Moving Average – Time to Sell?

by · The Cerbat Gem

Dynacor Group Inc. (TSE:DNG – Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$5.55 and traded as low as C$4.73. Dynacor Group shares last traded at C$4.77, with a volume of 97,390 shares.

Dynacor Group Stock Performance

The company has a market cap of C$138.99 million, a PE ratio of 6.59 and a beta of 1.09. The company has a quick ratio of 3.50, a current ratio of 4.36 and a debt-to-equity ratio of 0.59. The stock’s 50 day simple moving average is C$5.12 and its two-hundred day simple moving average is C$5.54.

Dynacor Group Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 17th. Shareholders of record on Thursday, April 17th were paid a dividend of $0.0133 per share. This represents a $0.16 annualized dividend and a yield of 3.40%. The ex-dividend date was Thursday, April 10th. Dynacor Group’s payout ratio is currently 19.64%.

Insider Activity at Dynacor Group

In other news, Senior Officer Daniel Misiano purchased 5,000 shares of Dynacor Group stock in a transaction dated Thursday, February 6th. The stock was acquired at an average cost of C$5.50 per share, for a total transaction of C$27,500.00. Insiders purchased 18,200 shares of company stock worth $87,259 in the last 90 days. 18.59% of the stock is currently owned by company insiders.

Dynacor Group Company Profile

(Get Free Report)

Dynacor, with 27 years of experience, is a Canadian-based dividend-paying industrial gold ore processor. The corporation is engaged in gold production by processing ore purchased from the ASM (artisanal and small-scale mining) industry. Dynacor operates in Peru, where its management and processing teams have decades of experience working with ASM miners.

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