Colliers International Group (TSE:CIGI) Stock Price Up 5.8% – Here’s What Happened

Shares of Colliers International Group Inc. (TSE:CIGI) rose 5.8% during mid-day trading on Monday . The stock traded as high as C$215.51 and last traded at C$215.51. Approximately 86,916 shares changed hands during mid-day trading, an increase of 53% from the average daily volume of 56,904 shares. The stock had previously closed at C$203.79.

Analyst Upgrades and Downgrades

Separately, Stifel Nicolaus increased their price objective on shares of Colliers International Group from C$160.00 to C$180.00 in a research note on Thursday, October 31st.

Colliers International Group Price Performance

The stock has a market cap of C$10.84 billion, a price-to-earnings ratio of 53.08, a price-to-earnings-growth ratio of 0.48 and a beta of 1.66. The company has a debt-to-equity ratio of 85.02, a quick ratio of 0.58 and a current ratio of 1.03. The company has a 50-day simple moving average of C$204.97 and a two-hundred day simple moving average of C$180.33.

Colliers International Group Company Profile

Colliers International Group Inc provides commercial real estate professional and investment management services to corporate and institutional clients in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers outsourcing and advisory services, such as engineering and project management, property management, valuation, and other services, as well as loan servicing for commercial real estate clients.