It is trading at $12.85 a bit higher than $12.12, the stock’s 50 day moving average and which is quite a bit above the 200 day moving average of $11.27. The 50 day moving average was up by +6.04% and the 200 day average moved up $1.58. Canterbury Park Holding Corpora shares had a trading volume of 1,996 on Tuesday. Overall, volume was down 23.38% under the stocks normal daily volume.
Investors are more bullish on shares of the company lately if you look at the decrease in short interest. The firm experienced a fall in short interest of -4.65% as of the latest report on October 13, 2017. Short interest fell 35 over that period. With short interest at 718 and short average daily volume at 2,805, days to cover is 0.0 and the short interest percentage is 0.00% as of October 13.
A few notable investment firms have updated their holdings. Dimensional Fund Advisors Lp downsized its holdings by shedding 17,043 shares a decrease of 18.2% in the quarter. Dimensional Fund Advisors Lp owns 76,468 shares with a value of $841,000. The value of the position overall is down by 13.1%. As of quarter end Royal Bank Of Canada had acquired 50 shares growing its position 6.0%. The value of the investment in Canterbury Park Holding Corpora increased from $9,000 to $10,000 a change of 11.1% quarter to quarter.
As of the end of the quarter Blackrock Inc. had sold a total of 157 shares trimming its stake by 26.3%. The value of the investment in (CPHC) went from $6,000 to $5,000 decreasing 16.7% for the reporting period. As of quarter end Tower Research Capital LLC (trc) had bought a total of 42 shares growing its holdings by 525.0%. The value of the total investment in Canterbury Park Holding Corpora went from $0 to $1,000 a change of $1,000 since the last quarter.
The company is trading up since yesterday’s close of $12.85. Additionally the company declared a dividend for shareholders which was paid on Friday October 13th, 2017. The dividend payment was $0.060 per share for the quarter which comes to $0.24 on an annualized basis. The dividend yield was $1.91. The ex-dividend date was Thursday the 28th of September 2017.
The most current P/E ratio is 19.74 and the market cap of the company is 56.37M.
Canterbury Park Holding Corporation, launched on March 24, 1994, conducts pari-mutuel wagering operations and hosts unbanked card games at its Canterbury Park Racetrack and Card Casino facility in Shakopee, Minnesota. The Company operates through three segments: horse racing, Card Casino, and food and beverage. The Business’s pari-mutuel wagering operations include both wagering on thoroughbred and quarter horse races during live meets at the Racetrack and year-round wagering on races held at out-of-state racetracks that are televised simultaneously at the Racetrack..