Callidus Capital (TSE:CBL) Reaches New 52-Week High - Still a Buy?

Key Points

• Callidus Capital Corp's share price reached a new 52-week high of C$23.44 during trading, with a recent closing price of C$23.34.
• The company has a significant debt-to-equity ratio of 1,111.72, indicating a high level of debt compared to its equity.
• With a market cap of C$1.34 billion and a price-to-earnings ratio of -5.50, investors are assessing the stock's future potential amidst these financial metrics.

Callidus Capital Corp (TSE:CBL - )'s share price reached a new 52-week high during trading on Tuesday . The company traded as high as C$23.44 and last traded at C$23.44, with a volume of 215 shares. The stock had previously closed at C$23.34.

Callidus Capital Trading Up 0.4%

The company has a debt-to-equity ratio of 1,111.72, a current ratio of 0.78 and a quick ratio of 0.45. The company has a market cap of C$1.34 billion, a price-to-earnings ratio of -5.50 and a beta of 1.04. The business has a 50 day simple moving average of C$22.70 and a 200 day simple moving average of C$22.05.

Callidus Capital Company Profile

The fund investing in exchange traded funds (ETFs) that invest in Canadian, U.S. and international fixed income and equity securities. The fund provide a balance between longterm capital appreciation and income with an emphasis on longterm capital appreciation.

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