Colabor Group (TSE:GCL) Reaches New 12-Month Low – Here’s Why

Shares of Colabor Group Inc. (TSE:GCL) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.92 and last traded at C$0.93, with a volume of 18231 shares traded. The stock had previously closed at C$0.93.

Colabor Group Price Performance

The stock has a 50-day simple moving average of C$1.05 and a 200 day simple moving average of C$1.18. The company has a market cap of C$93.85 million, a PE ratio of 92.00, a P/E/G ratio of 0.61 and a beta of 0.83. The company has a quick ratio of 0.76, a current ratio of 1.58 and a debt-to-equity ratio of 153.61.

Colabor Group (TSE:GCL) last issued its quarterly earnings data on Thursday, October 17th. The company reported C$0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.02 by C($0.01). The company had revenue of C$162.03 million during the quarter, compared to analysts’ expectations of C$164.27 million. Colabor Group had a net margin of 0.51% and a return on equity of 3.56%. Equities analysts expect that Colabor Group Inc. will post 0.0199693 EPS for the current year.

About Colabor Group

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.