Le Château Inc. (CTU.V) (CVE:CTU) Shares Cross Below 50 Day Moving Average – Should You Sell?

Shares of Le Château Inc. (CTU.V) (CVE:CTU) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.01 and traded as low as C$0.01. Le Château Inc. (CTU.V) shares last traded at C$0.01, with a volume of 719,800 shares.

Le Château Inc. (CTU.V) Price Performance

The company has a debt-to-equity ratio of 1,533.65, a current ratio of 0.66 and a quick ratio of 0.04. The firm has a market capitalization of C$299,640.00 and a P/E ratio of 0.00. The company’s 50 day moving average price is C$0.01 and its 200 day moving average price is C$0.01.

Le Château Inc. (CTU.V) Company Profile

Le Château Inc operates as a specialty retailer and manufacturer. It designs, develops, manufactures, and sells fashion apparel, accessories, and footwear for women and men. As of January 25, 2020, the company 129 stores, including 12 fashion outlet stores, as well as an e-commerce platform in Canada. It operates its stores under the Le Château brand. The company was formerly known as Château Stores of Canada Ltd. and changed its name to Le Château Inc in July 2000. Le Château Inc was founded in 1959 and is headquartered in Montreal, Canada.