Colabor Group (TSE:GCL) Posts Earnings Results
Colabor Group (TSE:GCL) released its quarterly earnings data on Thursday. The company reported C$0.03 earnings per share (EPS) for the quarter, reports. The business had revenue of C$120.93 million during the quarter.
TSE:GCL opened at C$0.71 on Friday. The stock has a market cap of $72.19 million and a P/E ratio of -7.40. The stock has a 50 day simple moving average of C$0.39 and a 200 day simple moving average of C$0.35. The company has a current ratio of 1.46, a quick ratio of 0.77 and a debt-to-equity ratio of 136.63. Colabor Group has a 1-year low of C$0.20 and a 1-year high of C$0.68.
Separately, TD Securities lifted their price target on Colabor Group from C$0.35 to C$0.40 and gave the stock a “hold” rating in a report on Tuesday, July 28th.
Colabor Group Inc, together with its subsidiaries, distributes and markets food and food-related products in Canada. It operates through two segments, Distribution and Wholesale. The Distribution segment offers frozen products, dry staples, dairy products, meat, fish, seafood, fruits and vegetables, disposables, and sanitation products.
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