Colliers International Group (TSE:CIGI) Stock Price Up 0.6% – Still a Buy?

Colliers International Group Inc. (TSE:CIGI)’s stock price rose 0.6% during mid-day trading on Tuesday . The company traded as high as C$135.11 and last traded at C$134.01. Approximately 106,209 shares were traded during mid-day trading, a decline of 2% from the average daily volume of 108,195 shares. The stock had previously closed at C$133.17.

Colliers International Group Price Performance

The business’s 50 day moving average is C$140.96 and its 200-day moving average is C$165.72. The firm has a market capitalization of C$6.85 billion, a P/E ratio of 82.21, a PEG ratio of 0.48 and a beta of 1.17. The company has a quick ratio of 0.58, a current ratio of 4.82 and a debt-to-equity ratio of 174.70.

Colliers International Group (TSE:CIGI) last posted its earnings results on Tuesday, May 5th. The company reported C$1.26 earnings per share for the quarter. The firm had revenue of C$1.60 billion for the quarter. Colliers International Group had a net margin of 1.48% and a return on equity of 5.76%. As a group, sell-side analysts predict that Colliers International Group Inc. will post 9.457457 EPS 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.