Clairvest Group (TSE:CVG) Share Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Shares of Clairvest Group Inc. (TSE:CVG) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$69.99 and traded as low as C$68.41. Clairvest Group shares last traded at C$69.01, with a volume of 2,506 shares trading hands.

Clairvest Group Trading Down 1.4 %

The firm’s fifty day moving average price is C$69.99 and its 200-day moving average price is C$70.30. The company has a market cap of C$1.01 billion, a price-to-earnings ratio of 690.10 and a beta of -0.03. The company has a debt-to-equity ratio of 0.15, a current ratio of 3.39 and a quick ratio of 2.73.

About Clairvest Group

Clairvest Group Inc is a private equity firm specializing in mid-market, growth equity investments, growth capital, buyouts, and consolidating industries and add-on acquisitions. It seeks to invest in small and mid-sized gaming and casino, local market gaming, healthcare, equipment rental, facility services, oilfield services, waste management, business services, consumer services, aerospace, architecture and engineering consulting (AEC), agriculture, dental, life science, renewable energy, automotive aftermarket, collision repair, food, beverage and co-packing, defense, document management, warranty, contact manufacturing, environmental services, rental services, residential HVAC services, healthcare services, multiunit healthcare, healthcare IT, insurance services, IT services, logistics and transportation, mining services, packaging, pest control, specialty aviation, education, software (mature), textile rental, utility services, water, building products, government services, industrial distribution and services, information technology and information services, media and marketing, non-destructive testing, renewable energy, property management, and restaurants.