Loblaw Companies Limited (OTCMKTS:LBLCF – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday. The company traded as high as $50.50 and last traded at $50.50, with a volume of 801 shares traded. The stock had previously closed at $49.53.
Loblaw Companies Stock Performance
The company has a quick ratio of 0.59, a current ratio of 1.06 and a debt-to-equity ratio of 1.34. The company has a market capitalization of $56.55 billion and a price-to-earnings ratio of 29.08. The stock has a 50 day simple moving average of $45.92 and a 200 day simple moving average of $45.89.
About Loblaw Companies
Loblaw Companies Limited is a Canadian retailer that operates grocery stores, pharmacies and related consumer businesses. Its food retail operations sell fresh food, packaged groceries, household products, general merchandise and apparel through a portfolio of corporate, franchised and independent stores.
The company’s retail banners include Real Canadian Superstore, No Frills, Zehrs, Fortinos, Provigo, Maxi and Atlantic Superstore, while its pharmacy business operates primarily under the Shoppers Drug Mart and Pharmaprix names.
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