Colabor Group (TSE:GCL) Stock Price Down 15.8% – Should You Sell?

Colabor Group Inc. (TSE:GCLGet Free Report) shares fell 15.8% on Friday . The stock traded as low as C$0.84 and last traded at C$0.85. 75,639 shares traded hands during mid-day trading, a decline of 36% from the average session volume of 118,488 shares. The stock had previously closed at C$1.01.

Analyst Ratings Changes

Separately, Desjardins lifted their price target on shares of Colabor Group from C$1.85 to C$2.00 and gave the stock a “buy” rating in a report on Thursday, February 20th.

View Our Latest Research Report on Colabor Group

Colabor Group Stock Performance

The firm has a market cap of C$83.65 million, a price-to-earnings ratio of 93.45, a P/E/G ratio of 0.61 and a beta of 0.83. The company has a debt-to-equity ratio of 153.61, a current ratio of 1.62 and a quick ratio of 0.76. The firm has a fifty day simple moving average of C$0.94 and a two-hundred day simple moving average of C$0.95.

Colabor Group Company Profile

(Get Free Report)

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.

Further Reading

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