Colabor Group (TSE:GCL) Hits New 1-Year Low – Here’s What Happened

Colabor Group Inc. (TSE:GCL) reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.89 and last traded at C$0.89, with a volume of 49451 shares traded. The stock had previously closed at C$0.93.

Colabor Group Stock Performance

The stock has a 50-day moving average price of C$0.96 and a two-hundred day moving average price of C$1.15. The stock has a market capitalization of C$89.77 million, a PE ratio of 88.00, a PEG ratio of 0.61 and a beta of 0.83. The company has a debt-to-equity ratio of 153.61, a quick ratio of 0.76 and a current ratio of 1.58.

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

About Colabor Group

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.