Canada Goose (TSE:GOOS) Sets New 52-Week Low – Here’s Why

Canada Goose Holdings Inc. (TSE:GOOS) shares hit a new 52-week low during trading on Thursday . The stock traded as low as C$10.63 and last traded at C$10.68, with a volume of 73511 shares traded. The stock had previously closed at C$11.68.

Canada Goose Price Performance

The stock has a market cap of C$1.02 billion, a P/E ratio of 14.08, a price-to-earnings-growth ratio of 0.61 and a beta of 1.29. The business has a 50-day simple moving average of C$13.93 and a 200 day simple moving average of C$14.25. The company has a current ratio of 2.01, a quick ratio of 0.69 and a debt-to-equity ratio of 168.00.

Insiders Place Their Bets

In other Canada Goose news, Senior Officer David Martin Forrest sold 7,927 shares of the stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of C$13.94, for a total transaction of C$110,466.71. Company insiders own 1.57% of the company’s stock.

Canada Goose Company Profile

Canada Goose Holdings Inc is a Canada based company that designs, manufactures, distributes, and retails premium outerwear for men, women, and children. It operates business through three segments namely, Wholesale and Direct to Consumer (DTC), Other. The DTC segment, which is the key revenue driver, comprises sales through country-specific e-commerce platforms and its company-owned retail stores located in the luxury shopping locations.