Canada Goose Holdings Inc. (TSE:GOOS - Get Free Report) shares passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$14.81 and traded as low as C$13.89. Canada Goose shares last traded at C$14.23, with a volume of 298,843 shares.
Wall Street Analysts Forecast Growth
Separately, Bank of America lowered their target price on Canada Goose from C$14.00 to C$13.00 in a research report on Monday, November 11th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of C$16.57.
View Our Latest Stock Report on GOOS
Canada Goose Price Performance
The firm has a market capitalization of C$1.35 billion, a P/E ratio of 18.51, a price-to-earnings-growth ratio of 0.61 and a beta of 1.29. The company has a current ratio of 2.01, a quick ratio of 0.69 and a debt-to-equity ratio of 168.00. The firm has a 50 day moving average price of C$14.79 and a 200-day moving average price of C$14.61.
Insider Buying and Selling
In other news, Senior Officer David Martin Forrest sold 7,927 shares of the company's stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of C$13.94, for a total transaction of C$110,466.71. 1.57% of the stock is owned by corporate insiders.
About Canada Goose
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Canada Goose Holdings Inc is a Canada based company that designs, manufactures, distributes, and retails premium outerwear for men, women, and children. It operates business through three segments namely, Wholesale and Direct to Consumer (DTC), Other. The DTC segment, which is the key revenue driver, comprises sales through country-specific e-commerce platforms and its company-owned retail stores located in the luxury shopping locations.
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