Colabor Group (TSE:GCL) Reaches New 12-Month Low – Time to Sell?

Shares of Colabor Group Inc. (TSE:GCL) reached a new 52-week low on Tuesday . The stock traded as low as C$0.92 and last traded at C$0.93, with a volume of 18231 shares. The stock had previously closed at C$0.93.

Colabor Group Trading Up 1.1 %

The company has a fifty day simple moving average of C$1.06 and a two-hundred day simple moving average of C$1.18. The company has a quick ratio of 0.76, a current ratio of 1.58 and a debt-to-equity ratio of 153.61. The stock has a market capitalization of C$95.89 million, a P/E ratio of 94.00, a price-to-earnings-growth ratio of 0.61 and a beta of 0.83.

Colabor Group (TSE:GCL) last released its quarterly earnings results on Thursday, October 17th. The company reported C$0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.02 by C($0.01). Colabor Group had a net margin of 0.51% and a return on equity of 3.56%. The firm had revenue of C$162.03 million during the quarter, compared to analyst estimates of C$164.27 million. On average, sell-side analysts expect that Colabor Group Inc. will post 0.0199693 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, seafood, fruits and vegetables, disposables, and sanitation products, as well as fish products.