Roots (TSE:ROOT) Trading Down 1.6% – Should You Sell?

Roots Co. (TSE:ROOT)’s share price was down 1.6% on Tuesday . The company traded as low as C$3.06 and last traded at C$3.09. Approximately 3,610 shares were traded during trading, a decline of 70% from the average daily volume of 12,013 shares. The stock had previously closed at C$3.14.

Roots Trading Down 1.6%

The company has a market cap of C$124.98 million, a P/E ratio of 43.19, a P/E/G ratio of -0.54 and a beta of 2.42. The stock’s 50-day moving average is C$2.63 and its two-hundred day moving average is C$2.40. The company has a debt-to-equity ratio of 69.31, a current ratio of 1.31 and a quick ratio of 0.25.

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.