Colliers International Group (TSE:CIGI) Hits New 12-Month Low – Here’s What Happened

Colliers International Group Inc. (TSE:CIGI)’s share price reached a new 52-week low on Wednesday . The company traded as low as C$124.64 and last traded at C$124.64, with a volume of 64238 shares. The stock had previously closed at C$126.40.

Colliers International Group Stock Performance

The company’s fifty day simple moving average is C$139.73 and its 200 day simple moving average is C$141.32. The company has a current ratio of 5.40, a quick ratio of 0.58 and a debt-to-equity ratio of 214.41. The stock has a market capitalization of C$6.34 billion, a P/E ratio of 58.84, a P/E/G ratio of 0.48 and a beta of 1.31.

Colliers International Group (TSE:CIGI) last released its quarterly earnings results on Thursday, July 30th. The company reported C$2.60 EPS for the quarter. The firm had revenue of C$2.23 billion during the quarter. Colliers International Group had a net margin of 1.83% and a return on equity of 7.19%. As a group, sell-side analysts forecast that Colliers International Group Inc. will post 9.457457 earnings per share for the current fiscal year.

About Colliers International Group

Colliers International Group Inc is a real estate services and investment management company. The company has operations in over 60 countries to provide expert advice and services to maximize the value of the property for real estate occupiers, owners, and investors. It offers services to the investor, developers, and occupiers which includes source capital solutions, services for commercial and residential property developers, on a local, regional, national and international basis, Infrastructure consulting, Design and Build, and Market research.