Canlan Ice Sports (TSE:ICE) Shares Up 4.6% – What’s Next?

Canlan Ice Sports Corp. (TSE:ICEGet Free Report) was up 4.6% during mid-day trading on Wednesday . The company traded as high as C$4.08 and last traded at C$4.08. Approximately 300 shares were traded during trading, a decline of 29% from the average daily volume of 425 shares. The stock had previously closed at C$3.90.

Canlan Ice Sports Price Performance

The company has a 50-day moving average of C$3.99 and a 200-day moving average of C$3.95. The company has a debt-to-equity ratio of 99.54, a quick ratio of 0.56 and a current ratio of 0.91. The stock has a market cap of C$54.43 million, a price-to-earnings ratio of -68.00 and a beta of 1.00.

Canlan Ice Sports Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Wednesday, January 15th were issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 2.94%. The ex-dividend date was Tuesday, December 31st. Canlan Ice Sports’s payout ratio is currently -200.00%.

Canlan Ice Sports Company Profile

(Get Free Report)

Canlan Ice Sports Corp is focused on the development, lease, acquisition, and operation of multi-purpose recreation and entertainment facilities in North America.

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