BMTC Group (TSE:GBT) Stock Price Passes Below 50 Day Moving Average - Time to Sell?

BMTC Group Inc. (TSE:GBT - Get Free Report) shares crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$13.08 and traded as low as C$12.91. BMTC Group shares last traded at C$12.91, with a volume of 1,700 shares traded.

BMTC Group Stock Up 0.9 %

The business has a 50-day simple moving average of C$13.08 and a 200-day simple moving average of C$13.23. The company has a quick ratio of 0.25, a current ratio of 1.09 and a debt-to-equity ratio of 2.92. The stock has a market cap of C$418.67 million, a P/E ratio of 15.55 and a beta of 0.58.

BMTC Group (TSE:GBT - Get Free Report) last released its quarterly earnings results on Thursday, September 12th. The company reported C$0.60 earnings per share (EPS) for the quarter. The company had revenue of C$169.39 million during the quarter. BMTC Group had a net margin of 4.64% and a return on equity of 5.61%. Analysts expect that BMTC Group Inc. will post 1.2821012 EPS for the current year.

BMTC Group Company Profile

BMTC Group Inc, together with its subsidiaries, manages and operates a retail network of furniture, household appliances, and electronic products in Canada. The company operates through Brault & Martineau and EconoMax divisions. BMTC Group Inc was founded in 1989 and is headquartered in Montreal, Canada.