Shares of Colabor Group Inc. (TSE:GCL - Get Free Report) traded down 15.8% during trading on Friday . The company traded as low as C$0.84 and last traded at C$0.85. 75,639 shares changed hands during trading, a decline of 36% from the average session volume of 118,488 shares. The stock had previously closed at C$1.01.
Wall Street Analysts Forecast Growth
Separately, Desjardins lifted their target price on shares of Colabor Group from C$1.85 to C$2.00 and gave the stock a "buy" rating in a research report on Thursday, February 20th.
Read Our Latest Research Report on GCL
Colabor Group Stock Performance
The company has a quick ratio of 0.76, a current ratio of 1.62 and a debt-to-equity ratio of 153.61. The firm has a market cap of C$80.70 million, a price-to-earnings ratio of 90.15, a PEG ratio of 0.61 and a beta of 0.83. The company has a 50-day moving average price of C$0.93 and a 200 day moving average price of C$0.94.
About Colabor Group
(
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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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