Canadian Tire Co., Limited (TSE:CTC - Get Free Report)'s share price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$225.97 and traded as low as C$201.12. Canadian Tire shares last traded at C$210.26, with a volume of 1,292 shares traded.
Analysts Set New Price Targets
CTC has been the topic of a number of analyst reports. BMO Capital Markets upgraded Canadian Tire from a "hold" rating to a "strong-buy" rating in a research note on Thursday, February 20th. Scotiabank set a C$140.00 target price on Canadian Tire and gave the stock an "underperform" rating in a research note on Friday, February 7th.
Read Our Latest Stock Analysis on Canadian Tire
Canadian Tire Stock Down 0.5 %
The business has a 50-day simple moving average of C$226.05 and a two-hundred day simple moving average of C$224.02. The company has a market capitalization of C$8.16 billion, a price-to-earnings ratio of 12.24, a PEG ratio of 0.49 and a beta of 1.33. The company has a debt-to-equity ratio of 150.68, a quick ratio of 1.15 and a current ratio of 1.60.
Canadian Tire Company Profile
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Canadian Tire Corporation, Limited, TSX: CTC.A TSX: CTC or 'CTC', is a group of companies that includes a Retail segment, a Financial Services division and CT REIT. Our retail business is led by Canadian Tire, which was founded in 1922 and provides Canadians with products for life in Canada across its Living, Playing, Fixing, Automotive and Seasonal & Gardening divisions.
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