Colliers International Group (TSE:CIGI) Share Price Crosses Below 50 Day Moving Average – Time to Sell?

Shares of Colliers International Group Inc. (TSE:CIGI) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$221.40 and traded as low as C$207.19. Colliers International Group shares last traded at C$207.73, with a volume of 43,283 shares trading hands.

Colliers International Group Trading Down 2.4%

The company’s 50 day moving average price is C$221.40 and its two-hundred day moving average price is C$200.56. The firm has a market cap of C$10.58 billion, a PE ratio of 89.93, a P/E/G ratio of 0.48 and a beta of 1.50. The company has a quick ratio of 0.58, a current ratio of 1.17 and a debt-to-equity ratio of 191.59.

Colliers International Group (TSE:CIGI) last posted its quarterly earnings data on Tuesday, November 4th. The company reported C$0.82 earnings per share for the quarter. Colliers International Group had a net margin of 3.38% and a return on equity of 13.81%. The company had revenue of C$2.04 billion for the quarter. As a group, sell-side analysts forecast that Colliers International Group Inc. will post 9.457457 EPS for the current year.

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.