Colliers International Group (TSE:CIGI) Shares Pass Above 50 Day Moving Average – Should You Sell?

Colliers International Group Inc. (TSE:CIGI)’s stock price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$139.99 and traded as high as C$142.81. Colliers International Group shares last traded at C$139.25, with a volume of 88,354 shares.

Colliers International Group Stock Performance

The company has a market cap of C$6.86 billion, a P/E ratio of 63.57, a price-to-earnings-growth ratio of 0.48 and a beta of 1.14. The company’s 50-day moving average is C$140.21 and its two-hundred day moving average is C$143.02. The company has a quick ratio of 0.58, a current ratio of 5.40 and a debt-to-equity ratio of 214.41.

Colliers International Group (TSE:CIGI) last announced its quarterly earnings data on Thursday, July 30th. The company reported C$2.60 EPS for the quarter. The business had revenue of C$2.23 billion for the quarter. Colliers International Group had a net margin of 1.83% and a return on equity of 7.19%. Equities analysts predict that Colliers International Group Inc. will post 9.457457 EPS for the current year.

Colliers International Group Company Profile

Colliers International Group Inc is a real estate services and investment management company. The company has operations in over 60 countries to provide expert advice and services to maximize the value of the property for real estate occupiers, owners, and investors. It offers services to the investor, developers, and occupiers which includes source capital solutions, services for commercial and residential property developers, on a local, regional, national and international basis, Infrastructure consulting, Design and Build, and Market research.