Colabor Group (TSE:GCL) Reaches New 1-Year Low – Here’s Why

Colabor Group Inc. (TSE:GCL)’s share price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.97 and last traded at C$0.97, with a volume of 344285 shares. The stock had previously closed at C$1.00.

Colabor Group Price Performance

The stock has a market capitalization of C$102.01 million, a price-to-earnings ratio of 98.00, a price-to-earnings-growth ratio of 0.61 and a beta of 0.83. 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 stock has a 50-day simple moving average of C$1.10 and a 200 day simple moving average of C$1.19.

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