Colliers International Group (TSE:CIGI) Stock Crosses Below 50-Day Moving Average - Should You Sell?

Colliers International Group Inc. (TSE:CIGI - Get Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$202.26 and traded as low as C$196.00. Colliers International Group shares last traded at C$199.25, with a volume of 34,729 shares.

Wall Street Analysts Forecast Growth

Separately, Stifel Nicolaus upped their price target on shares of Colliers International Group from C$160.00 to C$180.00 in a report on Thursday, October 31st.

Colliers International Group Trading Up 1.2 %

The company has a quick ratio of 0.58, a current ratio of 1.03 and a debt-to-equity ratio of 85.02. The company has a market capitalization of C$10.02 billion, a PE ratio of 49.08, a price-to-earnings-growth ratio of 0.48 and a beta of 1.66. The stock's fifty day moving average price is C$202.26 and its two-hundred day moving average price is C$193.45.

Colliers International Group Company Profile

Colliers International Group Inc is a real estate services and investment management company. The company has operations in over 60 countries to provide expert advice and services to maximize the value of the property for real estate occupiers, owners, and investors. It offers services to the investor, developers, and occupiers which includes source capital solutions, services for commercial and residential property developers, on a local, regional, national and international basis, Infrastructure consulting, Design and Build, and Market research.