Callidus Capital (TSE:CBL) Reaches New 12-Month High – Should You Buy?

Callidus Capital Corp (TSE:CBLGet Free Report)’s share price reached a new 52-week high on Friday . The stock traded as high as C$21.76 and last traded at C$21.76, with a volume of 3421 shares trading hands. The stock had previously closed at C$21.37.

Callidus Capital Price Performance

The firm’s fifty day moving average price is C$11.75. The company has a debt-to-equity ratio of 1,111.72, a current ratio of 0.78 and a quick ratio of 0.45. The stock has a market capitalization of C$1.24 billion and a price-to-earnings ratio of -4.83.

About Callidus Capital

(Get Free Report)

Callidus Capital Corporation operates as a specialty asset based lender in Canada and the United States. It offers senior secured asset-based loans; revolving lines of credit; term loans, including standalone term loans; debtor in possession loans, acquisition funding out of bankruptcy, and stalking horse bid funding; and financing in support of acquisitions, MBO's, inventory builds, seasonal advance facilities, and purchase order financing.

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