Dynacor Group (TSE:DNG) Stock Crosses Below Two Hundred Day Moving Average – Should You Sell?

Dynacor Group Inc. (TSE:DNG)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 traded.

Dynacor Group Stock Up 1.3 %

The company’s 50 day simple moving average is C$5.14 and its 200-day simple moving average is C$5.55. The company has a current ratio of 4.36, a quick ratio of 3.50 and a debt-to-equity ratio of 0.59. The firm has a market cap of C$141.06 million, a P/E ratio of 6.69 and a beta of 1.09.

Dynacor Group Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, April 17th. Investors of record on Thursday, April 17th will be given a dividend of $0.0133 per share. The ex-dividend date is Thursday, April 10th. This represents a $0.16 dividend on an annualized basis and a yield of 3.35%. Dynacor Group’s dividend payout ratio (DPR) is 19.64%.

Insider Buying and Selling

In other news, Senior Officer Daniel Misiano bought 5,000 shares of the stock in a transaction on Thursday, February 6th. The shares were bought at an average price of C$5.50 per share, with a total value of C$27,500.00. Over the last quarter, insiders have purchased 18,200 shares of company stock worth $87,259. 18.59% of the stock is owned by insiders.

About Dynacor Group

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.