Colabor Group (TSE:GCL) Reaches New 12-Month Low – Here’s What Happened

Shares of Colabor Group Inc. (TSE:GCL) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.97 and last traded at C$0.97, with a volume of 344285 shares changing hands. The stock had previously closed at C$1.00.

Colabor Group Price Performance

The company has a debt-to-equity ratio of 153.61, a current ratio of 1.58 and a quick ratio of 0.76. The stock has a market capitalization of C$102.01 million, a P/E ratio of 98.00, a PEG ratio of 0.61 and a beta of 0.83. The stock’s fifty day moving average is C$1.10 and its 200-day moving average is C$1.19.

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