Colabor Group (TSE:GCL) Releases Earnings Results

Colabor Group (TSE:GCL) posted its quarterly earnings data on Wednesday. The company reported C$0.02 earnings per share (EPS) for the quarter, reports. Colabor Group had a return on equity of 4.23% and a net margin of 0.61%. The company had revenue of C$161.28 million during the quarter, compared to analysts’ expectations of C$162.20 million.

Colabor Group Stock Down 2.3 %

Shares of GCL opened at C$1.28 on Friday. The firm has a fifty day moving average price of C$1.19 and a 200-day moving average price of C$1.19. The company has a current ratio of 1.60, a quick ratio of 0.76 and a debt-to-equity ratio of 157.32. The firm has a market capitalization of C$130.55 million, a P/E ratio of 32.00, a P/E/G ratio of 0.61 and a beta of 0.74. Colabor Group has a 12-month low of C$0.88 and a 12-month high of C$1.33.

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.