Colabor Group (TSE:GCL) Reaches New 52-Week Low – Here’s Why

Colabor Group Inc. (TSE:GCL) shares reached a new 52-week low on Monday . The company traded as low as C$0.86 and last traded at C$0.86, with a volume of 20140 shares traded. The stock had previously closed at C$0.87.

Colabor Group Stock Down 1.1 %

The company has a current ratio of 1.58, a quick ratio of 0.76 and a debt-to-equity ratio of 153.61. The firm has a 50 day moving average price of C$0.96 and a 200-day moving average price of C$1.14. The firm has a market cap of C$87.73 million, a price-to-earnings ratio of 86.00, a P/E/G ratio of 0.61 and a beta of 0.83.

Colabor Group (TSE:GCL) last released its quarterly earnings results on Thursday, October 17th. The company reported C$0.01 EPS for the quarter, missing the consensus estimate of C$0.02 by C($0.01). Colabor Group had a net margin of 0.51% and a return on equity of 3.56%. The business had revenue of C$162.03 million during the quarter, compared to analyst estimates of C$164.27 million. On average, equities analysts forecast that Colabor Group Inc. will post 0.0199693 EPS for the current year.

Colabor Group Company Profile

Colabor Group Inc, together with its subsidiaries, markets and distributes food and food-related products in Canada. It operates in two segments, Distribution and Wholesale. The Distribution segment offers frozen products, dry staples, dairy products, meat, seafood, fruits and vegetables, disposables, and sanitation products, as well as fish products.