Reitmans (TSE:RET) Share Price Passes Above Fifty Day Moving Average of $1.19

Reitmans Limited (TSE:RET)’s share price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $1.19 and traded as high as $1.25. Reitmans shares last traded at $1.15, with a volume of 3,650 shares.

The firm has a fifty day moving average price of C$1.13 and a 200 day moving average price of C$2.06. The company has a quick ratio of 0.41, a current ratio of 1.44 and a debt-to-equity ratio of 80.67. The company has a market cap of $58.15 million and a P/E ratio of -1.47.

Reitmans (TSE:RET) last released its quarterly earnings results on Wednesday, December 4th. The company reported C($0.23) earnings per share (EPS) for the quarter. The company had revenue of C$222.34 million during the quarter. On average, sell-side analysts anticipate that Reitmans Limited will post 0.17 earnings per share for the current year.

Reitmans Company Profile (TSE:RET)

Reitmans (Canada) Limited primarily engages in the retail of women's wearing apparel in Canada. Its products include shirts, blouses, pants, dresses, skirts, sweaters, outerwear, activewear, lingerie, and accessories. The company also offers apparel for men. It serves customers through retail and e-commerce channels, under the Reitmans, Addition Elle, Penningtons, RW & CO., Thyme Maternity, and Hyba brand names.

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