Colliers International Group (TSE:CIGI) Shares Down 5.9% - Time to Sell?

Key Points

• Colliers International Group shares fell 5.9% to C$142.52 on Wednesday (intraday low C$142.27), trading on above-average volume of 124,645 shares versus a 107,049 average.
• The firm shows mixed fundamentals with a debt-to-equity ratio of 149.23, a low quick ratio of 0.58 but a high current ratio of 5.75, and a market capitalization of C$7.28 billion.
• In the most recent quarter Colliers reported C$3.21 EPS on C$2.13 billion of revenue (net margin 1.86%, ROE 7.30%), and analysts forecast roughly 9.46 EPS for the current year.

Colliers International Group Inc. (TSE:CIGI - Get Free Report)'s stock price fell 5.9% during trading on Wednesday . The stock traded as low as C$142.27 and last traded at C$142.52. 124,645 shares traded hands during trading, an increase of 16% from the average session volume of 107,049 shares. The stock had previously closed at C$151.46.

Colliers International Group Trading Down 5.9%

The company has a quick ratio of 0.58, a current ratio of 5.75 and a debt-to-equity ratio of 149.23. The firm's 50-day moving average price is C$151.90 and its 200 day moving average price is C$184.08. The company has a market capitalization of C$7.28 billion, a P/E ratio of 70.55, a P/E/G ratio of 0.48 and a beta of 1.24.

Colliers International Group (TSE:CIGI - Get Free Report) last posted its earnings results on Friday, February 13th. The company reported C$3.21 EPS for the quarter. The company had revenue of C$2.13 billion during the quarter. Colliers International Group had a net margin of 1.86% and a return on equity of 7.30%. As a group, equities research analysts predict that Colliers International Group Inc. will post 9.457457 earnings per share for the current year.

Colliers International Group Company Profile

Colliers International Group Inc is a real estate services and investment management company. The company has operations in over 60 countries to provide expert advice and services to maximize the value of the property for real estate occupiers, owners, and investors. It offers services to the investor, developers, and occupiers which includes source capital solutions, services for commercial and residential property developers, on a local, regional, national and international basis, Infrastructure consulting, Design and Build, and Market research.

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