Canada Goose (TSE:GOOS) Shares Cross Below Fifty Day Moving Average – Here’s Why

Shares of Canada Goose Holdings Inc. (TSE:GOOS – Get Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$13.54 and traded as low as C$12.51. Canada Goose shares last traded at C$12.53, with a volume of 175,421 shares traded.

Canada Goose Price Performance

The company has a quick ratio of 0.69, a current ratio of 2.33 and a debt-to-equity ratio of 158.47. The stock’s 50-day simple moving average is C$13.54 and its two-hundred day simple moving average is C$15.04. The company has a market capitalization of C$1.22 billion, a price-to-earnings ratio of 54.48, a PEG ratio of 0.61 and a beta of 1.72.

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Canada Goose (TSE:GOOS – Get Free Report) last released its earnings results on Thursday, July 30th. The company reported C($0.89) EPS for the quarter. Canada Goose had a return on equity of 10.37% and a net margin of 3.70%.The company had revenue of C$118.90 million for the quarter. Equities research analysts predict that Canada Goose Holdings Inc. will post 1.6222664 earnings per share for the current year.

Canada Goose Company Profile

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Canada Goose Holdings Inc is a Canada based company that designs, manufactures, distributes, and retails premium outerwear for men, women, and children. It operates business through three segments namely, Wholesale and Direct to Consumer (DTC), Other. The DTC segment, which is the key revenue driver, comprises sales through country-specific e-commerce platforms and its company-owned retail stores located in the luxury shopping locations. The Wholesale segment comprises sales made to a mix of functional and fashionable retailers, including major luxury department stores, outdoor specialty stores, and individual shops, and to international distributors.

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