Canadian Tire Co. Limited (TSE:CTC.A - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$152.55 and traded as high as C$162.65. Canadian Tire shares last traded at C$159.62, with a volume of 322,191 shares changing hands.
Analyst Ratings Changes
CTC.A has been the subject of several analyst reports. Royal Bank of Canada increased their price target on shares of Canadian Tire from C$188.00 to C$192.00 in a research report on Friday, November 8th. CIBC lifted their price target on shares of Canadian Tire from C$160.00 to C$165.00 in a report on Friday, November 8th. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of C$147.89.
View Our Latest Stock Report on Canadian Tire
Canadian Tire Stock Up 4.4 %
The company has a debt-to-equity ratio of 173.58, a quick ratio of 1.15 and a current ratio of 1.79. The business's 50 day moving average is C$155.24 and its 200-day moving average is C$152.76. The stock has a market cap of C$8.70 billion, a price-to-earnings ratio of 24.34, a PEG ratio of 0.35 and a beta of 1.33.
Insider Buying and Selling
In related news, Director Steve Frazier purchased 350 shares of the company's stock in a transaction dated Friday, December 13th. The stock was acquired at an average cost of C$152.56 per share, for a total transaction of C$53,397.68. 1.90% of the stock is owned by company insiders.
Canadian Tire Company Profile
(
Get Free Report)
Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada. The company operates through three segments: Retail, CT REIT, and Financial Services. The Retail segment retails general merchandise, apparel, footwear, sporting equipment, gasoline, sporting goods and active wear, and workwear under the Canadian Tire, SportChek, Sports Experts, National Sports, Pro Hockey Life, Atmosphere, Mark's, PartSource, Gas+, and Helly Hansen banners.
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