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Canlan Ice Sports (TSE:ICE) Trading Up 4.6% - Should You Buy?

Canlan Ice Sports logo with Consumer Cyclical background

Shares of Canlan Ice Sports Corp. (TSE:ICE - Get Free Report) rose 4.6% during mid-day trading on Wednesday . The stock traded as high as C$4.08 and last traded at C$4.08. Approximately 300 shares traded hands during mid-day trading, a decline of 29% from the average daily volume of 425 shares. The stock had previously closed at C$3.90.

Canlan Ice Sports Stock Performance

The stock has a 50 day moving average price of C$3.99 and a 200-day moving average price of C$3.95. The company has a current ratio of 0.91, a quick ratio of 0.56 and a debt-to-equity ratio of 99.54. The stock has a market capitalization of C$54.43 million, a PE ratio of -68.00 and a beta of 1.00.

Canlan Ice Sports Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 15th were given a dividend of $0.03 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.12 annualized dividend and a dividend yield of 2.94%. Canlan Ice Sports's payout ratio is -200.00%.

Canlan Ice Sports Company Profile

(Get Free Report)

Canlan Ice Sports Corp is focused on the development, lease, acquisition, and operation of multi-purpose recreation and entertainment facilities in North America.

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