Canada Goose (TSE:GOOS) Sets New 1-Year Low – Should You Sell?

Canada Goose Holdings Inc. (TSE:GOOS) shares reached a new 52-week low during trading on Tuesday . The stock traded as low as C$12.21 and last traded at C$12.43, with a volume of 138750 shares changing hands. The stock had previously closed at C$12.53.

Canada Goose Stock Down 1.1%

The company has a debt-to-equity ratio of 158.47, a quick ratio of 0.69 and a current ratio of 2.33. The firm has a 50 day simple moving average of C$13.51 and a two-hundred day simple moving average of C$14.98. The stock has a market cap of C$1.21 billion, a P/E ratio of 21.00, a P/E/G ratio of 0.61 and a beta of 1.72.

Canada Goose (TSE:GOOS) last released its quarterly earnings results on Thursday, July 30th. The company reported C($0.89) earnings per share (EPS) for the quarter. Canada Goose had a return on equity of 10.37% and a net margin of 3.70%.The business had revenue of C$118.90 million during the quarter. Equities research analysts predict that Canada Goose Holdings Inc. will post 1.6222664 earnings per share for the current year.

Canada Goose Company Profile

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.