Colliers International Group (TSE:CIGI) Reaches New 12-Month Low – Here’s Why

Colliers International Group Inc. (TSE:CIGIGet Free Report) shares hit a new 52-week low during trading on Wednesday . The stock traded as low as C$124.64 and last traded at C$124.64, with a volume of 64238 shares changing hands. The stock had previously closed at C$126.40.

Colliers International Group Price Performance

The company has a current ratio of 5.40, a quick ratio of 0.58 and a debt-to-equity ratio of 214.41. The stock has a market cap of C$6.36 billion, a price-to-earnings ratio of 58.94, a PEG ratio of 0.48 and a beta of 1.31. The stock has a 50-day moving average price of C$139.12 and a two-hundred day moving average price of C$140.77.

Colliers International Group (TSE:CIGIGet Free Report) last announced its earnings results on Thursday, July 30th. The company reported C$2.60 earnings per share for the quarter. Colliers International Group had a return on equity of 7.19% and a net margin of 1.83%.The firm had revenue of C$2.23 billion for the quarter. As a group, equities research analysts forecast that Colliers International Group Inc. will post 9.457457 EPS for the current year.

About Colliers International Group

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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.

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