Colliers International Group (TSE:CIGI) Shares Cross Below Fifty Day Moving Average – Time to Sell?

Shares of Colliers International Group Inc. (TSE:CIGI) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$202.26 and traded as low as C$196.00. Colliers International Group shares last traded at C$199.25, with a volume of 34,729 shares trading hands.

Analyst Ratings Changes

Separately, Stifel Nicolaus lifted their target price on shares of Colliers International Group from C$160.00 to C$180.00 in a research note on Thursday, October 31st.

Colliers International Group Stock Performance

The company has a market cap of C$10.02 billion, a PE ratio of 49.08, a PEG ratio of 0.48 and a beta of 1.66. The company has a debt-to-equity ratio of 85.02, a quick ratio of 0.58 and a current ratio of 1.03. The firm’s 50 day moving average is C$202.26 and its 200-day moving average is C$193.45.

About Colliers International Group

Colliers International Group Inc is a real estate services and investment management company. The company has operations in over 60 countries to provide expert advice and services to maximize the value of the property for real estate occupiers, owners, and investors. It offers services to the investor, developers, and occupiers which includes source capital solutions, services for commercial and residential property developers, on a local, regional, national and international basis, Infrastructure consulting, Design and Build, and Market research.