Le Château Inc. (CTU.V) (CVE:CTU) Share Price Crosses Below 50-Day Moving Average – Time to Sell?

Le Château Inc. (CTU.V) (CVE:CTU)’s stock price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.01 and traded as low as C$0.01. Le Château Inc. (CTU.V) shares last traded at C$0.01, with a volume of 719,800 shares traded.

Le Château Inc. (CTU.V) Stock Performance

The company has a quick ratio of 0.04, a current ratio of 0.66 and a debt-to-equity ratio of 1,533.65. The firm has a 50-day simple moving average of C$0.01 and a 200 day simple moving average of C$0.01. The company has a market cap of C$299,640.00 and a price-to-earnings ratio of 0.00.

Le Château Inc. (CTU.V) Company Profile

Le Château Inc operates as a specialty retailer and manufacturer. It designs, develops, manufactures, and sells fashion apparel, accessories, and footwear for women and men. As of January 25, 2020, the company 129 stores, including 12 fashion outlet stores, as well as an e-commerce platform in Canada. It operates its stores under the Le Château brand. The company was formerly known as Château Stores of Canada Ltd. and changed its name to Le Château Inc in July 2000. Le Château Inc was founded in 1959 and is headquartered in Montreal, Canada.