Canadian Tire Co., Limited (TSE:CTC - Get Free Report)'s stock price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$217.65 and traded as low as C$216.00. Canadian Tire shares last traded at C$218.50, with a volume of 1,117 shares changing hands.
Analyst Ratings Changes
A number of equities analysts recently commented on CTC shares. BMO Capital Markets upgraded Canadian Tire from a "hold" rating to a "strong-buy" rating in a research report on Thursday, February 20th. Scotiabank set a C$140.00 price target on Canadian Tire and gave the stock an "underperform" rating in a report on Friday, February 7th.
Get Our Latest Analysis on Canadian Tire
Canadian Tire Price Performance
The stock has a market capitalization of C$8.36 billion, a price-to-earnings ratio of 12.54, a PEG ratio of 0.49 and a beta of 1.33. The company has a debt-to-equity ratio of 150.68, a current ratio of 1.60 and a quick ratio of 1.15. The business has a fifty day moving average of C$217.54 and a 200 day moving average of C$220.58.
Canadian Tire Company Profile
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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.
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