Colabor Group (TSE:GCL) Reaches New 52-Week Low – What’s Next?

Colabor Group Inc. (TSE:GCL) hit a new 52-week low on Monday . The company traded as low as C$0.93 and last traded at C$0.93, with a volume of 30000 shares. The stock had previously closed at C$0.93.

Colabor Group Stock 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 firm has a market cap of C$94.87 million, a price-to-earnings ratio of 93.00, a price-to-earnings-growth ratio of 0.61 and a beta of 0.83. The firm’s fifty day moving average is C$1.02 and its 200-day moving average is C$1.17.

Colabor Group (TSE:GCL) last announced its quarterly earnings data on Thursday, October 17th. The company reported C$0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 business had revenue of C$162.03 million during the quarter, compared to analyst estimates of C$164.27 million. 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.