Colabor Group (TSE:GCL) Reaches New 1-Year Low - Here's What Happened

Colabor Group Inc. (TSE:GCL - Get Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.92 and last traded at C$0.93, with a volume of 18231 shares trading hands. The stock had previously closed at C$0.93.

Colabor Group Trading Up 1.1 %

The business has a 50 day simple moving average of C$1.06 and a 200 day simple moving average of C$1.18. 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 company has a market cap of C$95.89 million, a price-to-earnings ratio of 94.00, a price-to-earnings-growth ratio of 0.61 and a beta of 0.83.

Colabor Group (TSE:GCL - Get Free Report) last issued 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). Colabor Group had a return on equity of 3.56% and a net margin of 0.51%. The company had revenue of C$162.03 million for the quarter, compared to analyst estimates of C$164.27 million. As a group, equities analysts forecast that Colabor Group Inc. will post 0.0199693 EPS for the current year.

Colabor Group Company Profile

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.