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Colabor Group (TSE:GCL) Hits New 52-Week Low - Here's What Happened

Colabor Group logo with Consumer Defensive background

Colabor Group Inc. (TSE:GCL - Get Free Report) shares hit a new 52-week low on Friday . The company traded as low as C$0.79 and last traded at C$0.81, with a volume of 90407 shares traded. The stock had previously closed at C$0.82.

Wall Street Analyst Weigh In

Separately, Desjardins increased their price target on shares of Colabor Group from C$1.85 to C$2.00 and gave the company a "buy" rating in a research note on Thursday, February 20th.

Check Out Our Latest Research Report on Colabor Group

Colabor Group Trading Down 1.2%

The business has a 50-day simple moving average of C$0.86 and a two-hundred day simple moving average of C$0.90. The stock has a market cap of C$79.71 million, a price-to-earnings ratio of 89.05, a P/E/G ratio of 0.61 and a beta of 0.83. The company has a debt-to-equity ratio of 153.61, a current ratio of 1.62 and a quick ratio of 0.76.

Colabor Group Company Profile

(Get Free Report)

Colabor Group Inc, together with its subsidiaries, markets and distributes food and food-related products in Canada. It operates in two segments, Distribution and Wholesale. The Distribution segment offers frozen products, dry staples, dairy products, meat, seafood, fruits and vegetables, disposables, and sanitation products, as well as fish products.

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