Colabor Group (TSE:GCL) Share Price Crosses Above 200-Day Moving Average of $0.77

Colabor Group Inc. (TSE:GCLGet Rating) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.77 and traded as high as C$0.83. Colabor Group shares last traded at C$0.83, with a volume of 4,119 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Cormark reduced their price objective on Colabor Group from C$1.85 to C$1.55 in a research report on Monday, October 17th.

Colabor Group Stock Up 1.2 %

The business has a 50-day simple moving average of C$0.76 and a two-hundred day simple moving average of C$0.77. The company has a market cap of C$84.62 million and a price-to-earnings ratio of 10.38. The company has a quick ratio of 0.76, a current ratio of 1.44 and a debt-to-equity ratio of 81.41.

Colabor Group Company Profile

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Colabor Group Inc, together with its subsidiaries, markets and distributes food and food-related products in Canada. It operates in two segments, Distribution and Wholesale. The Distribution segment offers frozen products, dry staples, dairy products, meat, fish, seafood, fruits and vegetables, disposables, and sanitation products.

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