Roots (TSE:ROOT) Trading Up 4.5% – Still a Buy?

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

Roots Price Performance

The company’s fifty day moving average is C$2.14 and its two-hundred day moving average is C$2.10. The firm has a market capitalization of C$92.98 million, a price-to-earnings ratio of 231.00, a price-to-earnings-growth ratio of -0.54 and a beta of 2.42. The company has a quick ratio of 0.25, a current ratio of 1.11 and a debt-to-equity ratio of 65.71.

About Roots

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.