Colabor Group Inc. (TSE:GCL - Get Free Report)'s share price traded down 11.6% during mid-day trading on Friday . The stock traded as low as C$0.70 and last traded at C$0.84. 382,972 shares were traded during trading, an increase of 309% from the average session volume of 93,543 shares. The stock had previously closed at C$0.95.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on the company. Raymond James Financial cut their price target on 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 target price on Colabor Group from C$1.75 to C$1.50 and set a "buy" rating for the company in a report on Monday.
Get Our Latest Stock Analysis on GCL
Colabor Group Stock Down 1.2%
The company has a debt-to-equity ratio of 153.61, a current ratio of 1.62 and a quick ratio of 0.76. The company has a market cap of C$81.68 million, a P/E ratio of 91.25, a PEG ratio of 0.61 and a beta of 0.83. The stock has a 50-day moving average of C$0.87 and a 200 day moving average of C$0.89.
Insider Activity at Colabor Group
In other Colabor Group news, insider Robert John Briscoe sold 100,000 shares of Colabor Group stock in a transaction dated Friday, July 25th. The stock was sold at an average price of C$0.80, for a total value of C$80,000.00. 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.
Featured Articles
Before you consider Colabor Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Colabor Group wasn't on the list.
While Colabor Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access