Canadian Tire (TSE:CTC) Sets New 52-Week Low at $210.10

Canadian Tire Co., Limited (TSE:CTC) shares reached a new 52-week low on Thursday . The company traded as low as C$210.10 and last traded at C$210.10, with a volume of 256 shares traded. The stock had previously closed at C$215.00.

Canadian Tire Stock Performance

The stock has a market capitalization of C$737.83 million, a price-to-earnings ratio of 42.81, a PEG ratio of 3.55 and a beta of 1.37. The company’s 50-day simple moving average is C$228.45 and its 200-day simple moving average is C$246.76. The company has a current ratio of 1.76, a quick ratio of 1.15 and a debt-to-equity ratio of 186.00.

Canadian Tire (TSE:CTC) last announced its earnings results on Thursday, May 9th. The company reported C$1.38 EPS for the quarter, topping the consensus estimate of C$0.79 by C$0.59. The firm had revenue of C$3.52 billion for the quarter, compared to the consensus estimate of C$3.51 billion. Canadian Tire had a return on equity of 5.97% and a net margin of 1.71%. On average, analysts expect that Canadian Tire Co., Limited will post 11.9521912 EPS for the current year.

Canadian Tire Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Sunday, September 1st. Shareholders of record on Wednesday, July 31st will be issued a $1.75 dividend. The ex-dividend date of this dividend is Wednesday, July 31st. This represents a $7.00 dividend on an annualized basis and a yield of 3.24%. Canadian Tire’s payout ratio is currently 138.89%.

About Canadian Tire

Canadian Tire Corporation, Limited provides a range of retail goods and services in Canada. It operates in three segments: Retail, CT REIT, and Financial Services. The Retail segment retails automotive maintenance products and accessories, parts, and tires, as well as automotive services and roadside assistance; electrical, hardware, home environment, paint, plumbing, and tool products; cleaning, food & drink, home décor, home essentials, home organization, kitchen, and pet care products; camping, exercise, hockey, hunting, fishing, seasonal recreation, and team sports and golf products; and backyard living, backyard fun, cycling, gardening, outdoor tools, seasonal, and toy products.