Richard Wait Sells 23,800 Shares of Reitmans Limited (TSE:RET) Stock

Reitmans Limited (TSE:RET) Senior Officer Richard Wait sold 23,800 shares of Reitmans stock in a transaction on Tuesday, July 23rd. The stock was sold at an average price of C$2.30, for a total value of C$54,740.00.

Reitmans Stock Performance

TSE RET traded down C$0.01 during trading on Tuesday, hitting C$0.27. 22,200 shares of the company’s stock traded hands, compared to its average volume of 24,407. The stock has a market capitalization of C$13.19 million and a PE ratio of -0.09. Reitmans Limited has a 12-month low of C$0.18 and a 12-month high of C$3.15. The company has a quick ratio of 0.26, a current ratio of 1.10 and a debt-to-equity ratio of 188.87. The business’s 50 day simple moving average is C$0.27.

About Reitmans

Reitmans (Canada) Limited primarily engages in the retail of women's wearing apparel in Canada. Its products include shirts, blouses, pants, dresses, skirts, sweaters, outerwear, activewear, lingerie, and accessories. The company also offers apparel for men. It serves customers through retail and e-commerce channels, under the Reitmans, Addition Elle, Penningtons, RW & CO., Thyme Maternity, and Hyba brand names.