Canlan Ice Sports (TSE:ICE) Trading 3.9% Higher

Canlan Ice Sports Corp. (TSE:ICE) traded up 3.9% during mid-day trading on Friday . The stock traded as high as C$4.00 and last traded at C$4.00. 504 shares changed hands during trading, a decline of 29% from the average session volume of 708 shares. The stock had previously closed at C$3.85.

Canlan Ice Sports Price Performance

The company has a debt-to-equity ratio of 99.54, a current ratio of 0.91 and a quick ratio of 0.56. The firm has a market capitalization of C$53.36 million, a price-to-earnings ratio of -66.67 and a beta of 1.00. The business’s fifty day simple moving average is C$3.81 and its 200 day simple moving average is C$3.90.

Canlan Ice Sports (TSE:ICE) last issued its earnings results on Wednesday, August 14th. The company reported C($0.09) EPS for the quarter. Canlan Ice Sports had a negative net margin of 0.84% and a negative return on equity of 1.54%. The firm had revenue of C$21.85 million during the quarter.

Canlan Ice Sports Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 16th. Stockholders of record on Monday, September 30th will be issued a dividend of $0.03 per share. The ex-dividend date is Monday, September 30th. This represents a $0.12 annualized dividend and a dividend yield of 3.00%. Canlan Ice Sports’s dividend payout ratio is -200.00%.

About Canlan Ice Sports

Canlan Ice Sports Corp. engages in the acquisition, development, lease, and operation of recreation facilities in North America. It operates through Ice/Field Sales and Internal Programming; Food and Beverage; Sports Stores; Sponsorship; Space Rental; and Management and Consulting segments. It offers rental of ice or field time, organizes leagues, and tournaments, and lessons and youth camps; restaurants and concession outlets; vindoor and exterior space services.