Crown Capital Partners (TSE:CRWN) Shares Cross Below Fifty Day Moving Average – Here’s What Happened

Crown Capital Partners Inc. (TSE:CRWN)’s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.60 and traded as low as C$0.59. Crown Capital Partners shares last traded at C$0.59, with a volume of 805 shares changing hands.

Crown Capital Partners Trading Down 6.3%

The stock has a market capitalization of C$3.53 million, a price-to-earnings ratio of -0.88 and a beta of 0.46. The company’s 50 day moving average is C$0.60 and its 200 day moving average is C$0.61. The company has a debt-to-equity ratio of 1,386.12, a quick ratio of 0.56 and a current ratio of 0.62.

Crown Capital Partners (TSE:CRWN) last released its earnings results on Tuesday, February 17th. The company reported C$0.29 EPS for the quarter. The firm had revenue of C$35.44 million during the quarter. Crown Capital Partners had a negative net margin of 3.95% and a negative return on equity of 80.01%. On average, research analysts forecast that Crown Capital Partners Inc. will post 0.0256223 EPS for the current fiscal year.

About Crown Capital Partners

Crown Capital Partners Inc provides investment management services. It is a speciality finance company that provides capital to middle-market companies. The firm offers long-term financing and special situation financing. It provides tailored financing solutions with minimal or no ownership dilution. Its financing solutions include subordinated term and bridge loans, perpetual debt, income streaming, and royalties. The company operates through the below segments namely, Specialty finance, Network services, Distributed Power, Real estate, Corporate and other.