Colabor Group Inc. (TSE:GCL - Get Free Report)'s stock price reached a new 52-week low on Monday . The company traded as low as C$0.75 and last traded at C$0.75, with a volume of 39908 shares traded. The stock had previously closed at C$0.77.
Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on the stock. Desjardins cut their price target 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, July 28th. Raymond James Financial dropped their price objective on shares of Colabor Group from C$1.80 to C$1.50 and set an "outperform" rating for the company in a research report on Monday, July 28th.
View Our Latest Analysis on GCL
Colabor Group Stock Down 1.3%
The firm's 50-day moving average price is C$0.85 and its 200-day moving average price is C$0.88. The company has a market cap of C$74.79 million, a price-to-earnings ratio of 83.55, a price-to-earnings-growth 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 Activity
In related news, insider Robert John Briscoe sold 100,000 shares of the firm's stock in a transaction on Friday, July 25th. The shares were sold at an average price of C$0.80, for a total transaction of C$80,000.00. 25.04% of the stock is owned by insiders.
Colabor Group Company Profile
(
Get Free Report)
Colabor Group Inc is a wholesaler and distributor of food and related products in Canada. The company operates in two segments Distribution and Wholesale segment. Its Distribution segment operations include the distribution of food products and related products in hotels, restaurants and institutions (HRI) and retail market.
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