Colabor Group (TSE:GCL) Reaches New 52-Week Low – What’s Next?

Colabor Group Inc. (TSE:GCL)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.93 and last traded at C$0.93, with a volume of 30000 shares changing hands. The stock had previously closed at C$0.93.

Colabor Group Stock Performance

The business’s fifty day moving average is C$1.02 and its 200-day moving average is C$1.17. The company has a debt-to-equity ratio of 153.61, a quick ratio of 0.76 and a current ratio of 1.58. The firm has a market cap of C$94.87 million, a P/E ratio of 93.00, a price-to-earnings-growth ratio of 0.61 and a beta of 0.83.

Colabor Group (TSE:GCL) last posted its quarterly earnings data 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 company had revenue of C$162.03 million during the quarter, compared to analyst estimates of C$164.27 million. Colabor Group had a net margin of 0.51% and a return on equity of 3.56%. Analysts predict 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.