Roots (TSE:ROOT) Trading Down 1.9% – Time to Sell?

Roots Co. (TSE:ROOTGet Free Report)’s stock price was down 1.9% during mid-day trading on Friday . The company traded as low as C$2.10 and last traded at C$2.10. Approximately 14,175 shares changed hands during trading, an increase of 77% from the average daily volume of 8,028 shares. The stock had previously closed at C$2.14.

Roots Stock Performance

The company has a quick ratio of 0.25, a current ratio of 1.11 and a debt-to-equity ratio of 65.71. The firm has a 50-day simple moving average of C$2.10 and a 200 day simple moving average of C$2.10. The company has a market cap of C$84.53 million, a price-to-earnings ratio of 210.00, a price-to-earnings-growth ratio of -0.54 and a beta of 2.42.

About Roots

(Get Free Report)

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.

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