Dynacor Group (TSE:DNG) Stock Price Crosses Below 200 Day Moving Average – Should You Sell?

Shares of Dynacor Group Inc. (TSE:DNG) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$5.35 and traded as low as C$4.68. Dynacor Group shares last traded at C$4.69, with a volume of 43,245 shares traded.

Dynacor Group Stock Performance

The firm has a 50 day moving average of C$4.70 and a two-hundred day moving average of C$5.35. The stock has a market cap of C$138.69 million, a PE ratio of 6.58 and a beta of 1.09. The company has a debt-to-equity ratio of 0.59, a current ratio of 4.36 and a quick ratio of 3.50.

Dynacor Group Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, May 15th. Shareholders of record on Thursday, May 15th were paid a $0.0133 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 3.40%. The ex-dividend date of this dividend was Thursday, May 8th. Dynacor Group’s dividend payout ratio is currently 19.64%.

Dynacor Group Company Profile

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.