Canlan Ice Sports (TSE:ICE) Shares Down 7.5% – Here’s Why

Canlan Ice Sports Corp. (TSE:ICEGet Free Report)’s stock price traded down 7.5% during mid-day trading on Friday . The company traded as low as C$3.60 and last traded at C$3.70. 1,200 shares changed hands during mid-day trading, an increase of 176% from the average session volume of 434 shares. The stock had previously closed at C$4.00.

Canlan Ice Sports Trading Down 7.5%

The company has a debt-to-equity ratio of 110.25, a current ratio of 0.81 and a quick ratio of 0.56. The stock has a market capitalization of C$49.35 million, a price-to-earnings ratio of 102.81 and a beta of 1.00. The business has a 50 day simple moving average of C$3.91 and a 200-day simple moving average of C$3.98.

Canlan Ice Sports Company Profile

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Canlan Ice Sports Corp is focused on the development, lease, acquisition, and operation of multi-purpose recreation and entertainment facilities in North America.

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