Crown Capital Partners (TSE:CRWN) Reaches New 52-Week Low at $6.81

Crown Capital Partners Inc (TSE:CRWN)’s stock price reached a new 52-week low on Monday . The company traded as low as C$6.81 and last traded at C$7.04, with a volume of 7400 shares traded. The stock had previously closed at C$7.41.

A number of equities analysts have recently commented on CRWN shares. BMO Capital Markets downgraded shares of Crown Capital Partners from an “outperform” rating to a “market perform” rating and cut their target price for the company from C$11.00 to C$9.50 in a research note on Wednesday, May 8th. Raymond James cut their target price on shares of Crown Capital Partners from C$9.50 to C$9.00 and set a “market perform” rating on the stock in a research note on Wednesday, August 14th. Finally, National Bank Financial cut their target price on shares of Crown Capital Partners from C$10.00 to C$8.00 and set a “sector perform” rating on the stock in a research note on Friday, August 9th.

The stock’s 50 day moving average price is C$7.95 and its 200 day moving average price is C$9.05. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 19.65. The firm has a market cap of $69.72 million and a PE ratio of 27.99.

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 30th. Stockholders of record on Friday, August 30th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 8.44%. The ex-dividend date is Thursday, August 15th. Crown Capital Partners’s dividend payout ratio is presently 236.22%.

In other news, insider Crown Capital Partners Inc. purchased 14,364 shares of the company’s stock in a transaction that occurred on Friday, June 28th. The shares were purchased at an average price of C$8.58 per share, with a total value of C$123,210.08. Following the purchase, the insider now directly owns 14,364 shares of the company’s stock, valued at approximately C$123,210.08.

Crown Capital Partners Company Profile (TSE:CRWN)

Crown Capital Partners Inc is a private equity firm specializing in acquisitions, special situations, management and leveraged buyouts, recapitalizations, mezzanine, bridge loans, and growth capital investments in private and public middle market companies. The firm also provides leveraged working capital loan and also invests in the form of royalties.

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