Corby Spirit and Wine (TSE:CSW.A) Stock Price Passes Below 200 Day Moving Average - Time to Sell?

Shares of Corby Spirit and Wine Ltd (TSE:CSW.A - Get Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$13.21 and traded as low as C$12.80. Corby Spirit and Wine shares last traded at C$12.81, with a volume of 14,394 shares.

Corby Spirit and Wine Stock Performance

The firm has a 50-day moving average of C$13.02 and a 200-day moving average of C$13.21. The company has a current ratio of 2.34, a quick ratio of 1.77 and a debt-to-equity ratio of 77.55. The stock has a market capitalization of C$311.14 million, a price-to-earnings ratio of 15.30 and a beta of 0.27.

Corby Spirit and Wine Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Friday, September 27th were paid a $0.22 dividend. The ex-dividend date of this dividend was Wednesday, September 11th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 6.86%. This is a positive change from Corby Spirit and Wine's previous quarterly dividend of $0.21. Corby Spirit and Wine's dividend payout ratio is presently 104.76%.

Corby Spirit and Wine Company Profile

Corby Spirit and Wine Limited manufactures, markets, and distributes spirits and imported wines. Its portfolio of brands include J.P. Wiser's Canadian whiskies, Lamb's rum, Polar Ice vodka, Ungava Spirits, Foreign Affair, and McGuinness liqueurs; and international brands comprise ABSOLUT vodka, Chivas Regal, The Glenlivet and Ballantine's Scotch whiskies, Jameson Irish whiskey, Beefeater gin, Malibu rum, Kahlúa liqueur, and Mumm Champagne, as well as Jacob's Creek, Stoneleigh, Graffigna, Campo Viejo, and Wyndham Estate wines.