FirstService (TSE:FSV) Stock Price Crosses Below Two Hundred Day Moving Average of $129.37

FirstService Corp (TSE:FSV) (NASDAQ:FSV)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $129.37 and traded as low as $119.74. FirstService shares last traded at $121.16, with a volume of 106,015 shares changing hands.

The company has a quick ratio of 1.50, a current ratio of 1.91 and a debt-to-equity ratio of 276.97. The firm has a market capitalization of $5.00 billion and a PE ratio of -18.38. The stock has a 50-day moving average price of C$122.73 and a 200 day moving average price of C$129.40.

FirstService (TSE:FSV) (NASDAQ:FSV) last announced its earnings results on Wednesday, October 23rd. The company reported C$0.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$1.04 by C($0.38). The firm had revenue of C$887.53 million during the quarter, compared to analysts’ expectations of C$896.71 million. As a group, equities analysts predict that FirstService Corp will post 3.37 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Tuesday, December 31st will be issued a $0.199 dividend. This represents a $0.80 annualized dividend and a yield of 0.65%. The ex-dividend date of this dividend is Monday, December 30th. FirstService’s payout ratio is presently -8.77%.

About FirstService (TSE:FSV)

FirstService Corporation, together with its subsidiaries, provides residential property services to residential and commercial customers in the United States and Canada. The company operates through two segments, FirstService Residential and FirstService Brands. The FirstService Residential segment provides property management services for private residential communities, such as condominiums, co-operatives, homeowner associations, master-planned communities, active adult and lifestyle communities, and various other residential developments.

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