Colabor Group (TSE:GCL) Reaches New 1-Year Low – Here’s What Happened

Colabor Group Inc. (TSE:GCL)’s share price hit a new 52-week low during trading on Monday . The stock traded as low as C$0.79 and last traded at C$0.80, with a volume of 36012 shares changing hands. The stock had previously closed at C$0.82.

Analyst Ratings Changes

Separately, Desjardins increased their price objective on Colabor Group from C$1.85 to C$2.00 and gave the company a “buy” rating in a research report on Thursday, February 20th.

Colabor Group Price Performance

The company has a debt-to-equity ratio of 153.61, a quick ratio of 0.76 and a current ratio of 1.62. The stock has a market capitalization of C$78.73 million, a P/E ratio of 87.95, a price-to-earnings-growth ratio of 0.61 and a beta of 0.83. The firm has a 50-day moving average price of C$0.92 and a 200 day moving average price of C$0.94.

About Colabor Group

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.