Indigo Books & Music (TSE:IDG) Shares Up 22.4%

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Indigo Books & Music Inc. (TSE:IDG - Get Free Report) traded up 22.4% on Wednesday . The stock traded as high as C$2.46 and last traded at C$2.46. 178,277 shares were traded during mid-day trading, an increase of 542% from the average session volume of 27,769 shares. The stock had previously closed at C$2.01.

Indigo Books & Music Trading Up 22.4 %

The firm has a market cap of C$68.07 million, a price-to-earnings ratio of -0.82 and a beta of 1.24. The company has a debt-to-equity ratio of 2,093.16, a current ratio of 0.92 and a quick ratio of 0.09. The business has a 50-day moving average of C$1.99 and a 200-day moving average of C$1.88.

Indigo Books & Music (TSE:IDG - Get Free Report) last posted its quarterly earnings results on Thursday, February 8th. The company reported C$0.35 earnings per share for the quarter. Indigo Books & Music had a negative return on equity of 1,263.95% and a negative net margin of 8.77%. The firm had revenue of C$370.65 million for the quarter. Research analysts anticipate that Indigo Books & Music Inc. will post -0.31 EPS for the current year.

Indigo Books & Music Company Profile

(Get Free Report)

Indigo Books & Music Inc, together with its subsidiaries, operates as a book and lifestyle retailer in Canada and the United States. It offers books, toys, gifts, baby, kids, wellness, lifestyle, living, fashion, paper, home, and electronics products, as well as kid's books, outdoor, beauty, and paper products.

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