Loblaw Companies Limited (OTCMKTS:LBLCF – Get Free Report) shares hit a new 52-week high during trading on Thursday. The company traded as high as $50.47 and last traded at $50.34, with a volume of 1,051 shares traded. The stock had previously closed at $48.70.
Loblaw Companies Price Performance
The company has a debt-to-equity ratio of 1.34, a current ratio of 1.06 and a quick ratio of 0.59. The stock has a market capitalization of $58.19 billion and a price-to-earnings ratio of 29.85. The company has a 50-day simple moving average of $44.82 and a two-hundred day simple moving average of $45.24.
Loblaw Companies (OTCMKTS:LBLCF – Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.45 earnings per share for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.01). The firm had revenue of $10.59 billion during the quarter, compared to analyst estimates of $10.61 billion. Loblaw Companies had a return on equity of 25.68% and a net margin of 4.28%.
Loblaw Companies Company Profile
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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