Roots (TSE:ROOT) Trading 1.7% Higher – What’s Next?

Roots Co. (TSE:ROOTGet Free Report) shares rose 1.7% during trading on Tuesday . The company traded as high as C$2.34 and last traded at C$2.34. Approximately 4,302 shares were traded during trading, a decline of 67% from the average daily volume of 12,974 shares. The stock had previously closed at C$2.30.

Roots Stock Performance

The stock has a fifty day simple moving average of C$2.39 and a two-hundred day simple moving average of C$2.24. The stock has a market capitalization of C$94.65 million, a price-to-earnings ratio of 32.70, a P/E/G ratio of -0.54 and a beta of 2.42. The company has a debt-to-equity ratio of 69.31, a quick ratio of 0.25 and a current ratio of 1.31.

About Roots

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Roots Corporation, together with its subsidiaries, designs, markets, and sells apparel, leather goods, footwear, and accessories under the Roots brand in Canada and internationally. The company operates through two segments, Direct-To-Consumer, and Partners and Other. The Direct-to-Consumer segment sells products through the company's corporate retail stores and ecommerce.

Further Reading

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