Clairvest Group (TSE:CVG) Hits New 52-Week High at $51.78

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Clairvest Group Inc (TSE:CVG)’s stock price hit a new 52-week high during trading on Friday . The stock traded as high as C$51.78 and last traded at C$51.78, with a volume of 300 shares changing hands. The stock had previously closed at C$51.49.

The company’s 50 day simple moving average is C$49.98. The stock has a market cap of $769.67 million and a P/E ratio of 6.58.

The company also recently announced an annual dividend, which will be paid on Thursday, July 25th. Stockholders of record on Thursday, July 25th will be paid a $0.10 dividend. The ex-dividend date is Thursday, July 4th. This represents a dividend yield of 0.2%. Clairvest Group’s dividend payout ratio is presently 1.27%.

In other news, Director Robert Isenberg bought 2,000 shares of Clairvest Group stock in a transaction dated Tuesday, May 7th. The shares were bought at an average price of C$47.30 per share, for a total transaction of C$94,600.00. Following the purchase, the director now owns 2,000 shares of the company’s stock, valued at C$94,600.

About Clairvest Group (TSE:CVG)

Clairvest Group Inc is a private equity firm specializing in mid market, growth equity investments, 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, oilfield services, waste management, business services, consumer services, aerospace, automotive aftermarket, collision repair, co-packing, defense, document management, warranty, contact manufacturing, environmental services, rental services, gaming, healthcare services, 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 services, media, non-destructive testing, renewable energy, property management, and restaurants.

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