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

Canada Goose Holdings Inc. (TSE:GOOS)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$11.90 and last traded at C$12.01, with a volume of 225719 shares. The stock had previously closed at C$12.19.

Canada Goose Price Performance

The firm has a market capitalization of C$1.17 billion, a P/E ratio of 16.05, a P/E/G ratio of 0.61 and a beta of 1.29. The business’s fifty day moving average is C$14.53 and its 200 day moving average is C$14.50. The company has a current ratio of 2.01, a quick ratio of 0.69 and a debt-to-equity ratio of 168.00.

Insiders Place Their Bets

In other Canada Goose news, Senior Officer David Martin Forrest sold 7,927 shares of Canada Goose stock in a transaction that occurred on Wednesday, February 12th. The shares were sold at an average price of C$13.94, for a total value of C$110,466.71. Corporate insiders own 1.57% of the company’s stock.

About Canada Goose

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.