Colabor Group (TSE:GCL) Hits New 12-Month Low – Here’s What Happened

Colabor Group Inc. (TSE:GCL)’s share price reached a new 52-week low during trading on Monday . The company traded as low as C$0.89 and last traded at C$0.90, with a volume of 119872 shares. The stock had previously closed at C$0.93.

Colabor Group Price Performance

The stock has a market cap of C$91.81 million, a price-to-earnings ratio of 90.00, a PEG ratio of 0.61 and a beta of 0.83. The firm’s 50-day simple moving average is C$0.99 and its two-hundred day simple moving average is C$1.17. The company has a debt-to-equity ratio of 153.61, a quick ratio of 0.76 and a current ratio of 1.58.

Colabor Group (TSE:GCL) last announced its quarterly earnings results on Thursday, October 17th. The company reported C$0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.02 by C($0.01). The firm had revenue of C$162.03 million during the quarter, compared to analysts’ expectations of C$164.27 million. Colabor Group had a net margin of 0.51% and a return on equity of 3.56%. On average, sell-side analysts expect that Colabor Group Inc. will post 0.0199693 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.