Roots (TSE:ROOT) Trading 0.9% Higher – What’s Next?

Roots Co. (TSE:ROOT) shot up 0.9% on Thursday . The company traded as high as C$2.19 and last traded at C$2.17. 2,810 shares traded hands during mid-day trading, a decline of 63% from the average session volume of 7,693 shares. The stock had previously closed at C$2.15.

Roots Price Performance

The business has a 50 day moving average price of C$2.09 and a two-hundred day moving average price of C$2.12. The stock has a market cap of C$90.97 million, a PE ratio of 226.00, a P/E/G ratio of -0.54 and a beta of 2.42. The company has a debt-to-equity ratio of 65.71, a quick ratio of 0.25 and a current ratio of 1.11.

Roots Company Profile

Roots Corporation, together with its subsidiaries, designs, markets, and sells apparel, leather goods, footwear, and accessories under the Roots brand in Canada and internationally. The company operates through two segments, Direct-To-Consumer, and Partners and Other. The Direct-to-Consumer segment sells products through the company's corporate retail stores and ecommerce.