Colliers International Group (TSE:CIGI) Shares Up 3.7% - Should You Buy?

Key Points

• Colliers International Group Inc. shares increased by 3.7% to C$215.63 during mid-day trading, with a notable trading volume surge of 55% compared to the average.
• The company has a market capitalization of C$7.50 billion and a P/E ratio of 49.90, indicating a high valuation relative to its earnings.
• Colliers operates in over 60 countries, providing diverse real estate services including investment management, consulting, and market research for property owners, investors, and developers.

Colliers International Group Inc. (TSE:CIGI - ) shares were up 3.7% during mid-day trading on Tuesday . The stock traded as high as C$215.80 and last traded at C$215.63. Approximately 84,514 shares changed hands during mid-day trading, an increase of 55% from the average daily volume of 54,580 shares. The stock had previously closed at C$207.90.

Colliers International Group Trading Up 3.7%

The company has a current ratio of 1.17, a quick ratio of 0.58 and a debt-to-equity ratio of 191.59. The firm has a market capitalization of C$7.50 billion, a P/E ratio of 49.90, a PEG ratio of 0.48 and a beta of 1.66. The business has a 50 day moving average of C$181.75 and a 200-day moving average of C$178.80.

About Colliers International Group

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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