Colabor Group (TSE:GCL) Share Price Crosses Above Two Hundred Day Moving Average of $0.96

Colabor Group Inc. (TSE:GCL) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.96 and traded as high as C$1.26. Colabor Group shares last traded at C$1.25, with a volume of 8,100 shares changing hands.

Colabor Group Trading Up 0.8 %

The business has a 50 day moving average of C$1.14 and a two-hundred day moving average of C$0.96. The company has a current ratio of 1.58, a quick ratio of 0.76 and a debt-to-equity ratio of 87.88. The firm has a market cap of C$127.49 million, a P/E ratio of 17.86, a PEG ratio of 0.61 and a beta of 0.93.

Colabor Group (TSE:GCL) last posted its quarterly earnings results on Wednesday, October 18th. The company reported C$0.03 earnings per share for the quarter. Colabor Group had a return on equity of 6.55% and a net margin of 0.98%. The business had revenue of C$164.70 million for the quarter, compared to analysts’ expectations of C$161.50 million. Analysts predict that Colabor Group Inc. will post 0.1091073 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, fish, seafood, fruits and vegetables, disposables, and sanitation products.