Colabor Group Inc. (TSE:GCL - Get Free Report)'s stock price reached a new 52-week low during trading on Friday . The company traded as low as C$0.78 and last traded at C$0.78, with a volume of 214497 shares. The stock had previously closed at C$0.78.
Analysts Set New Price Targets
A number of equities research analysts have commented on GCL shares. Raymond James Financial reduced their price target on shares of Colabor Group from C$1.80 to C$1.50 and set an "outperform" rating for the company in a report on Monday. Desjardins dropped their price objective on shares of Colabor Group from C$1.75 to C$1.50 and set a "buy" rating on the stock in a research note on Monday.
Check Out Our Latest Analysis on GCL
Colabor Group Price Performance
The firm's 50 day moving average price is C$0.87 and its two-hundred day moving average price is C$0.89. The stock has a market cap of C$76.76 million, a PE ratio of 85.75, 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.
Insider Buying and Selling
In other Colabor Group news, insider Robert John Briscoe sold 100,000 shares of the business's stock in a transaction that occurred on Friday, July 25th. The shares were sold at an average price of C$0.80, for a total value of C$80,000.00. Corporate insiders own 25.04% of the company's stock.
About Colabor Group
(
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.
See Also
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