Free Trial

Canada Goose (TSE:GOOS) Trading Down 8.8% - Here's Why

Canada Goose logo with Consumer Cyclical background

Key Points

  • Shares of Canada Goose Holdings Inc. dropped 8.8% on Thursday, trading as low as C$15.93 before closing at C$16.13.
  • Insider selling has been noted, with Senior Officer Daniel Binder selling over 2,000 shares at an average price of C$16.83 recently.
  • The company holds a market cap of C$1.47 billion and has a debt-to-equity ratio of 168.00, indicating potential financial concerns.
  • Want stock alerts on Canada Goose? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Canada Goose Holdings Inc. (TSE:GOOS - Get Free Report)'s stock price was down 8.8% during mid-day trading on Thursday . The stock traded as low as C$15.93 and last traded at C$16.13. Approximately 282,926 shares changed hands during trading, an increase of 4% from the average daily volume of 271,362 shares. The stock had previously closed at C$17.68.

Canada Goose Stock Performance

The company has a market cap of C$1.51 billion, a PE ratio of 20.78, a PEG ratio of 0.61 and a beta of 1.29. The company has a quick ratio of 0.69, a current ratio of 2.01 and a debt-to-equity ratio of 168.00. The company has a 50-day moving average of C$16.94 and a 200-day moving average of C$14.42.

Insider Activity at Canada Goose

In other news, Senior Officer Jonathan Sinclair sold 2,511 shares of the company's stock in a transaction dated Monday, June 2nd. The stock was sold at an average price of C$15.76, for a total value of C$39,569.59. Also, Director Dani Reiss sold 10,915 shares of the business's stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of C$15.76, for a total value of C$172,004.03. In the last three months, insiders have sold 47,193 shares of company stock worth $775,871. 1.57% of the stock is owned by company insiders.

About Canada Goose

(Get Free Report)

Canada Goose Holdings Inc is a Canada based company that designs, manufactures, distributes, and retails premium outerwear for men, women, and children. It operates business through three segments namely, Wholesale and Direct to Consumer (DTC), Other. The DTC segment, which is the key revenue driver, comprises sales through country-specific e-commerce platforms and its company-owned retail stores located in the luxury shopping locations.

Recommended Stories

Should You Invest $1,000 in Canada Goose Right Now?

Before you consider Canada Goose, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Canada Goose wasn't on the list.

While Canada Goose currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Tesla’s Future Unleashed: Elon’s Robotics Move Changes Everything
Top Trades: Massive Gains and Costly Mistakes to Avoid
NVIDIA Earnings: All Signs Point to More Growth Ahead

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines