Callidus Capital (TSE:CBL) Reaches New 52-Week High – What’s Next?

Callidus Capital Corp (TSE:CBL)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$22.11 and last traded at C$22.11, with a volume of 900 shares traded. The stock had previously closed at C$21.96.

Callidus Capital Trading Up 0.7 %

The business has a 50-day simple moving average of C$15.11. The firm has a market capitalization of C$1.26 billion and a PE ratio of -5.25. The company has a debt-to-equity ratio of 1,111.72, a current ratio of 0.78 and a quick ratio of 0.45.

About Callidus Capital

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.