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

Colabor Group Inc. (TSE:GCL) reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.97 and last traded at C$0.98, with a volume of 10300 shares changing hands. The stock had previously closed at C$0.98.

Colabor Group Stock Performance

The company has a quick ratio of 0.76, a current ratio of 1.58 and a debt-to-equity ratio of 153.61. The stock’s fifty day moving average is C$1.07 and its two-hundred day moving average is C$1.19. The firm has a market capitalization of C$96.91 million, a price-to-earnings ratio of 95.00, a P/E/G ratio of 0.61 and a beta of 0.83.

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

Colabor Group Company Profile

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.