Roots Co. (TSE:ROOT – Get Free Report)’s share price dropped 1.7% during trading on Tuesday . The company traded as low as C$2.31 and last traded at C$2.36. Approximately 23,700 shares were traded during trading, an increase of 81% from the average daily volume of 13,079 shares. The stock had previously closed at C$2.40.
Roots Stock Performance
The company has a market cap of C$95.46 million, a PE ratio of 32.98, a P/E/G ratio of -0.54 and a beta of 2.42. The stock’s 50-day simple moving average is C$2.41 and its 200 day simple moving average is C$2.22. The company has a debt-to-equity ratio of 69.31, a quick ratio of 0.25 and a current ratio of 1.31.
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.
Further Reading
- Five stocks we like better than Roots
- What Do S&P 500 Stocks Tell Investors About the Market?
- Innovation Incubators: Survey of Entrepreneurs Reveals The Cities Most Supportive of Startups
- Why Are Stock Sectors Important to Successful Investing?
- NVIDIA Insiders Sell: This Is What It Means for the Market
- Overbought Stocks Explained: Should You Trade Them?
- Space Stocks Bottoming: Which Are Positioned Best for a Bounce?
Receive News & Ratings for Roots Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Roots and related companies with MarketBeat.com's FREE daily email newsletter.
