Colliers International Group (TSE:CIGI) Stock Price Up 0.6% – Still a Buy?

Colliers International Group Inc. (TSE:CIGI)’s stock price rose 0.6% during trading on Tuesday . The company traded as high as C$135.11 and last traded at C$134.01. Approximately 106,209 shares were traded during trading, a decline of 2% from the average daily volume of 108,195 shares. The stock had previously closed at C$133.17.

Colliers International Group Trading Up 0.6%

The company has a market cap of C$6.85 billion, a price-to-earnings ratio of 82.21, a price-to-earnings-growth ratio of 0.48 and a beta of 1.17. The business’s fifty day moving average price is C$140.96 and its 200 day moving average price is C$165.72. The company has a debt-to-equity ratio of 174.70, a current ratio of 4.82 and a quick ratio of 0.58.

Colliers International Group (TSE:CIGI) last issued its quarterly earnings results on Tuesday, May 5th. The company reported C$1.26 EPS for the quarter. The company had revenue of C$1.60 billion for the quarter. Colliers International Group had a net margin of 1.48% and a return on equity of 5.76%. Research analysts anticipate that Colliers International Group Inc. will post 9.457457 earnings per share for the current fiscal year.

About Colliers International Group

Colliers International Group Inc is a real estate services and investment management company. The company has operations in over 60 countries to provide expert advice and services to maximize the value of the property for real estate occupiers, owners, and investors. It offers services to the investor, developers, and occupiers which includes source capital solutions, services for commercial and residential property developers, on a local, regional, national and international basis, Infrastructure consulting, Design and Build, and Market research.