Callidus Capital (TSE:CBL) Hits New 52-Week High – Still a Buy?

Callidus Capital Corp (TSE:CBLGet Free Report) shares reached a new 52-week high on Tuesday . The company traded as high as C$21.91 and last traded at C$21.91, with a volume of 400 shares. The stock had previously closed at C$21.66.

Callidus Capital Price Performance

The company has a current ratio of 0.78, a quick ratio of 0.45 and a debt-to-equity ratio of 1,111.72. The firm has a market capitalization of C$1.25 billion and a price-to-earnings ratio of -5.15. The business’s 50 day moving average price is C$13.84.

Callidus Capital Company Profile

(Get Free Report)

Callidus Capital Corporation operates as a specialty asset based lender in Canada and the United States. It offers senior secured asset-based loans; revolving lines of credit; term loans, including standalone term loans; debtor in possession loans, acquisition funding out of bankruptcy, and stalking horse bid funding; and financing in support of acquisitions, MBO's, inventory builds, seasonal advance facilities, and purchase order financing.

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