Colabor Group (TSE:GCL) Stock Price Passes Above 200-Day Moving Average of $1.18

Colabor Group Inc. (TSE:GCL)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$1.18 and traded as high as C$1.19. Colabor Group shares last traded at C$1.19, with a volume of 49,277 shares.

Colabor Group Stock Performance

The firm has a 50 day moving average of C$1.16 and a 200-day moving average of C$1.18. The stock has a market capitalization of C$121.37 million, a PE ratio of 29.75, a P/E/G ratio of 0.61 and a beta of 0.74. The company has a debt-to-equity ratio of 157.32, a quick ratio of 0.76 and a current ratio of 1.60.

Colabor Group (TSE:GCL) last posted its quarterly earnings results on Thursday, May 2nd. The company reported C($0.02) earnings per share for the quarter. Colabor Group had a return on equity of 4.23% and a net margin of 0.61%. The firm had revenue of C$131.20 million for the quarter, compared to analysts’ expectations of C$135.60 million. Research analysts forecast that Colabor Group Inc. will post 0.1 earnings per share for the current year.

Colabor Group Company Profile

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.