Colabor Group Inc. (TSE:GCL – Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$1.19 and traded as high as C$1.31. Colabor Group shares last traded at C$1.28, with a volume of 23,160 shares.
Analyst Ratings Changes
Separately, Desjardins raised shares of Colabor Group to a “moderate buy” rating in a research note on Thursday.
Get Our Latest Stock Analysis on Colabor Group
Colabor Group Stock Performance
Colabor Group (TSE:GCL – Get Free Report) last issued its quarterly earnings data on Wednesday, July 24th. The company reported C$0.02 earnings per share (EPS) for the quarter. The business had revenue of C$161.28 million for the quarter, compared to the consensus estimate of C$162.20 million. Colabor Group had a net margin of 0.61% and a return on equity of 4.23%. As a group, sell-side analysts expect that Colabor Group Inc. will post 0.1 EPS for the current fiscal year.
About Colabor Group
Colabor Group Inc, together with its subsidiaries, markets and distributes food and food-related products in Canada. It operates in two segments, Distribution and Wholesale. The Distribution segment offers frozen products, dry staples, dairy products, meat, seafood, fruits and vegetables, disposables, and sanitation products, as well as fish products.
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