Canada Goose (TSE:GOOS) Trading Up 3.8% – Here’s Why

Shares of Canada Goose Holdings Inc. (TSE:GOOSGet Free Report) shot up 3.8% during trading on Thursday . The stock traded as high as C$14.20 and last traded at C$14.18. 163,793 shares traded hands during mid-day trading, an increase of 14% from the average session volume of 143,856 shares. The stock had previously closed at C$13.66.

Canada Goose Stock Up 3.8%

The company has a debt-to-equity ratio of 129.06, a current ratio of 2.63 and a quick ratio of 0.69. The firm has a market cap of C$1.38 billion, a price-to-earnings ratio of 61.65, a price-to-earnings-growth ratio of 0.61 and a beta of 1.76. The firm has a 50 day moving average price of C$14.77 and a 200-day moving average price of C$16.26.

Canada Goose (TSE:GOOSGet Free Report) last issued its quarterly earnings results on Thursday, May 14th. The company reported C$0.37 earnings per share (EPS) for the quarter. Canada Goose had a return on equity of 4.29% and a net margin of 1.47%.The business had revenue of C$453.30 million for the quarter. As a group, equities analysts predict that Canada Goose Holdings Inc. will post 1.6222664 EPS for the current fiscal year.

About Canada Goose

(Get Free Report)

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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