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Canadian Tire (TSE:CTC) Reaches New 52-Week High - What's Next?

Canadian Tire logo with Consumer Cyclical background

Shares of Canadian Tire Co., Limited (TSE:CTC - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$271.00 and last traded at C$271.00, with a volume of 1501 shares changing hands. The stock had previously closed at C$255.45.

Analyst Ratings Changes

Separately, BMO Capital Markets upgraded Canadian Tire from a "hold" rating to a "strong-buy" rating in a research report on Thursday, February 20th.

Get Our Latest Analysis on Canadian Tire

Canadian Tire Price Performance

The stock has a market capitalization of C$10.14 billion, a price-to-earnings ratio of 15.21, a PEG ratio of 0.49 and a beta of 1.33. The business has a fifty day moving average of C$231.90 and a 200 day moving average of C$223.29. The company has a debt-to-equity ratio of 150.68, a current ratio of 1.60 and a quick ratio of 1.15.

Canadian Tire Company Profile

(Get Free Report)

Canadian Tire Corporation, Limited, TSX: CTC.A TSX: CTC or 'CTC', is a group of companies that includes a Retail segment, a Financial Services division and CT REIT. Our retail business is led by Canadian Tire, which was founded in 1922 and provides Canadians with products for life in Canada across its Living, Playing, Fixing, Automotive and Seasonal & Gardening divisions.

See Also

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