Colabor Group (TSE:GCL) Sets New 1-Year Low – Here’s Why

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

Colabor Group Stock Performance

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

Colabor Group (TSE:GCL) last announced its earnings results on Thursday, October 17th. The company reported C$0.01 earnings per share for the quarter, missing the consensus estimate of C$0.02 by C($0.01). Colabor Group had a net margin of 0.51% and a return on equity of 3.56%. The firm had revenue of C$162.03 million during the quarter, compared to analysts’ expectations of C$164.27 million. On average, research analysts expect that Colabor Group Inc. will post 0.0199693 EPS for the current fiscal 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.