Colabor Group (TSE:GCL) Hits New 1-Year Low – Here’s What Happened

Shares of Colabor Group Inc. (TSE:GCL) reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.86 and last traded at C$0.86, with a volume of 20140 shares changing hands. The stock had previously closed at C$0.87.

Colabor Group Price Performance

The company has a market capitalization of C$87.73 million, a price-to-earnings ratio of 86.00, a price-to-earnings-growth ratio of 0.61 and a beta of 0.83. The company has a quick ratio of 0.76, a current ratio of 1.58 and a debt-to-equity ratio of 153.61. The company has a 50 day simple moving average of C$0.96 and a 200 day simple moving average of C$1.14.

Colabor Group (TSE:GCL) last released its quarterly earnings data on Thursday, October 17th. The company reported C$0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.02 by C($0.01). Colabor Group had a return on equity of 3.56% and a net margin of 0.51%. The business had revenue of C$162.03 million for the quarter, compared to analysts’ expectations of C$164.27 million. As a group, research analysts predict that Colabor Group Inc. will post 0.0199693 EPS for the current 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.