Callidus Capital (TSE:CBL) Hits New 12-Month High - Should You Buy?

Key Points

• Callidus Capital Corp reached a new 52-week high of C$22.99 in trading, closing that day at the same price with a trading volume of 100 shares.
• The company has a market cap of C$1.31 billion and a high debt-to-equity ratio of 1,111.72, indicating significant leverage in its financial structure.
• Despite the recent performance, Callidus Capital has a negative PE ratio of -5.40, which suggests potential profitability concerns.

Shares of Callidus Capital Corp (TSE:CBL - Get Free Report) reached a new 52-week high on Wednesday . The company traded as high as C$22.99 and last traded at C$22.99, with a volume of 100 shares changing hands. The stock had previously closed at C$22.48.

Callidus Capital Stock Up 2.3%

The firm's fifty day simple moving average is C$22.22. The company has a quick ratio of 0.45, a current ratio of 0.78 and a debt-to-equity ratio of 1,111.72. The firm has a market capitalization of C$1.31 billion, a PE ratio of -5.40 and a beta of 1.04.

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.