Canadian Tire (TSE:CTC) Trading Down 1.3% – Here’s What Happened

Canadian Tire Co., Limited (TSE:CTC)’s share price traded down 1.3% on Friday . The stock traded as low as C$213.50 and last traded at C$217.25. 860 shares changed hands during trading, an increase of 101% from the average session volume of 428 shares. The stock had previously closed at C$220.10.

Canadian Tire Price Performance

The company has a market capitalization of C$11.61 billion, a PE ratio of 16.48, a price-to-earnings-growth ratio of 0.49 and a beta of 0.61. The company has a quick ratio of 1.15, a current ratio of 1.60 and a debt-to-equity ratio of 150.68. The firm’s 50-day moving average is C$227.68 and its 200-day moving average is C$243.18.

Canadian Tire (TSE:CTC) last issued its quarterly earnings results on Thursday, November 6th. The company reported C$3.78 earnings per share (EPS) for the quarter. Canadian Tire had a return on equity of 11.54% and a net margin of 3.98%.The firm had revenue of C$4.11 billion during the quarter. Equities analysts predict that Canadian Tire Co., Limited will post 13.6961722 earnings per share for the current fiscal year.

About Canadian Tire

Canadian Tire Corporation, Limited, (TSX: CTC.A) (TSX: CTC) or ‘CTC’, is a group of companies that includes a Retail segment, a Financial Services division and CT REIT. Our retail business is led by Canadian Tire, which was founded in 1922 and provides Canadians with products for life in Canada across its Living, Playing, Fixing, Automotive and Seasonal & Gardening divisions. Party City, PartSource and Gas+ are key parts of the Canadian Tire network. The Retail segment also includes Mark’s, a leading source for casual and industrial wear; Pro Hockey Life, a hockey specialty store catering to elite players; and SportChek, Hockey Experts, Sports Experts and Atmosphere, which offer the best active wear brands.