TerraVest Industries Inc (TSE:TVK) insider Clarke Inc. sold 494,302 shares of the company’s stock in a transaction dated Monday, June 29th. The shares were sold at an average price of C$15.65, for a total transaction of C$7,735,826.30.

Shares of TSE TVK traded down C$0.24 on Tuesday, hitting C$15.15. The company’s stock had a trading volume of 1,300 shares, compared to its average volume of 13,199. TerraVest Industries Inc has a 12-month low of C$9.50 and a 12-month high of C$17.25. The company has a market capitalization of $306.16 million and a price-to-earnings ratio of 12.35. The company has a debt-to-equity ratio of 114.91, a current ratio of 2.57 and a quick ratio of 1.07. The stock has a 50 day moving average of C$15.89 and a 200-day moving average of C$14.57.

TerraVest Industries (TSE:TVK) last announced its quarterly earnings results on Wednesday, May 6th. The company reported C$0.28 earnings per share (EPS) for the quarter. The business had revenue of C$86.75 million during the quarter. Sell-side analysts expect that TerraVest Industries Inc will post 0.78 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Thursday, July 9th will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.64%. The ex-dividend date is Monday, June 29th. TerraVest Industries’s dividend payout ratio is presently 32.60%.

About TerraVest Industries

TerraVest Industries Inc, together with its subsidiaries, manufactures and sells goods and services to energy, agriculture, mining, and transportation markets in Canada and the United States. It operates through three segments: Fuel Containment, Processing Equipment, and Service. The Fuel Containment segment manufactures bulk liquefied petroleum gas (LPG) transport trailers, LPG delivery and service trucks, LPG storage tanks, residential and commercial LPG tanks and dispensers, custom pressure vessels, commercial and residential refined fuel tanks, and furnaces and boilers.

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