Roots (TSE:ROOT) Stock Price Up 4.5% – What’s Next?

Roots Co. (TSE:ROOT) shares rose 4.5% during mid-day trading on Friday . The company traded as high as C$2.31 and last traded at C$2.31. Approximately 72,181 shares were traded during trading, an increase of 320% from the average daily volume of 17,206 shares. The stock had previously closed at C$2.21.

Roots Stock Up 4.5 %

The company has a debt-to-equity ratio of 65.71, a current ratio of 1.11 and a quick ratio of 0.25. The company has a fifty day moving average price of C$2.14 and a 200 day moving average price of C$2.10. The company has a market cap of C$92.98 million, a PE ratio of 231.00, a price-to-earnings-growth ratio of -0.54 and a beta of 2.42.

Roots Company Profile

Roots Corporation, together with its subsidiaries, designs, markets, and sells apparel, leather goods, footwear, and accessories under the Roots brand in Canada and internationally. The company operates through two segments, Direct-To-Consumer, and Partners and Other. The Direct-to-Consumer segment sells products through the company's corporate retail stores and ecommerce.