Aveo Group (ASX:AOG) Shares Cross Above 50-Day Moving Average of $2.01

Aveo Group (ASX:AOG)’s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $2.01 and traded as high as $2.05. Aveo Group shares last traded at $2.01, with a volume of 1,114,006 shares changing hands.

The company has a quick ratio of 0.64, a current ratio of 1.10 and a debt-to-equity ratio of 33.37. The business’s 50-day simple moving average is A$2.00. The company has a market capitalization of $1.17 billion and a price-to-earnings ratio of 6.84.

The business also recently disclosed a Final dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 30th will be given a dividend of $0.045 per share. This represents a yield of 2.34%. The ex-dividend date of this dividend is Thursday, June 27th. Aveo Group’s payout ratio is currently 13.61%.

Aveo Group Company Profile (ASX:AOG)

Aveo Group Limited is engaged in developing, operating and managing retirement communities. The principal activities of the Company include investment in, and development and management of retirement villages; development for resale of land and residential, retail, commercial and industrial property; investment in, and management of, income producing retail, commercial and industrial property; commercial, industrial and residential building and construction for the Company, and funds and asset management.

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