TWC Enterprises (TSE:TWC) Shares Pass Above 50-Day Moving Average - Here's Why

TWC Enterprises Limited (TSE:TWC - Get Free Report)'s share price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$18.12 and traded as high as C$18.26. TWC Enterprises shares last traded at C$18.26, with a volume of 1,300 shares changing hands.

TWC Enterprises Price Performance

The business's fifty day moving average price is C$18.11 and its 200-day moving average price is C$18.02. The company has a market capitalization of C$445.18 million, a P/E ratio of 18.26 and a beta of 1.16. The company has a current ratio of 3.19, a quick ratio of 1.61 and a debt-to-equity ratio of 6.96.

TWC Enterprises Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 16th were given a dividend of $0.075 per share. The ex-dividend date was Monday, December 2nd. This represents a $0.30 annualized dividend and a dividend yield of 1.64%. TWC Enterprises's dividend payout ratio (DPR) is presently 30.00%.

TWC Enterprises Company Profile

TWC Enterprises Limited owns, operates, and manages golf clubs under the ClubLink One Membership More Golf brand in Canada and the United States. The company was formerly known as ClubLink Enterprises Limited and changed its name to TWC Enterprises Limited in May 2014. The company was incorporated in 1997 and is based in King City, Canada.