Canada Goose (TSE:GOOS) Trading 7.2% Higher – Here’s What Happened

Canada Goose Holdings Inc. (TSE:GOOS)’s stock price shot up 7.2% on Tuesday . The stock traded as high as C$17.89 and last traded at C$17.50. 96,262 shares changed hands during mid-day trading, a decline of 64% from the average session volume of 270,418 shares. The stock had previously closed at C$16.33.

Canada Goose Stock Up 8.7%

The company has a market capitalization of C$1.72 billion, a PE ratio of 23.72, a price-to-earnings-growth ratio of 0.61 and a beta of 1.29. The business’s 50-day simple moving average is C$16.79 and its 200-day simple moving average is C$14.46. The company has a current ratio of 2.01, a quick ratio of 0.69 and a debt-to-equity ratio of 168.00.

Insider Activity at Canada Goose

In other Canada Goose news, Senior Officer Jonathan Sinclair sold 2,975 shares of the business’s stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of C$16.83, for a total value of C$50,068.95. Also, Senior Officer Daniel Binder sold 3,068 shares of the stock in a transaction on Wednesday, May 28th. The stock was sold at an average price of C$17.32, for a total transaction of C$53,143.59. Over the last ninety days, insiders sold 47,193 shares of company stock worth $775,871. 1.57% of the stock is owned by corporate insiders.

Canada Goose Company Profile

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.