Corby Spirit and Wine (TSE:CSW.A) Stock Passes Above 50 Day Moving Average – What’s Next?

Shares of Corby Spirit and Wine Ltd (TSE:CSW.A) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$13.99 and traded as high as C$14.10. Corby Spirit and Wine shares last traded at C$13.89, with a volume of 8,719 shares.

Corby Spirit and Wine Price Performance

The stock has a 50 day moving average price of C$13.99 and a two-hundred day moving average price of C$14.21. The company has a debt-to-equity ratio of 77.55, a quick ratio of 1.77 and a current ratio of 2.34. The company has a market capitalization of C$395.43 million, a PE ratio of 14.03 and a beta of 0.25.

Corby Spirit and Wine Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Friday, September 26th were issued a $0.23 dividend. The ex-dividend date was Wednesday, September 10th. This represents a $0.92 dividend on an annualized basis and a yield of 6.6%. Corby Spirit and Wine’s dividend payout ratio is currently 91.92%.

Corby Spirit and Wine Company Profile

Corby Spirit and Wine Ltd is a Canadian manufacturer, marketer and importer of spirits and wines. The company derives its revenues from the sale of its owned-brands in Canada and other international markets, as well as earning commissions from the representation of selected non-owned brands in the Canadian marketplace.