Colabor Group Inc. (TSE:GCL – Get Free Report)’s stock price hit a new 52-week low during trading on Monday . The company traded as low as C$1.00 and last traded at C$1.08, with a volume of 212556 shares traded. The stock had previously closed at C$1.14.
Analysts Set New Price Targets
A number of analysts recently issued reports on the company. Desjardins upgraded Colabor Group to a “moderate buy” rating in a report on Thursday, July 25th. Raymond James set a C$1.80 target price on Colabor Group and gave the stock an “outperform” rating in a report on Tuesday, August 6th.
View Our Latest Analysis on GCL
Colabor Group Stock Performance
Colabor Group (TSE:GCL – Get Free Report) last posted its earnings results on Thursday, October 17th. The company reported C$0.01 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.02 by C($0.01). Colabor Group had a return on equity of 3.56% and a net margin of 0.51%. The company had revenue of C$162.03 million for the quarter, compared to analysts’ expectations of C$164.27 million. Sell-side analysts expect that Colabor Group Inc. will post 0.0800534 EPS for the current fiscal year.
About Colabor Group
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, seafood, fruits and vegetables, disposables, and sanitation products, as well as fish products.
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