Roots (TSE:ROOT) Trading 0.2% Higher – Here’s Why

Shares of Roots Co. (TSE:ROOT) rose 0.2% during mid-day trading on Friday . The company traded as high as C$4.09 and last traded at C$4.08. Approximately 4,356 shares traded hands during mid-day trading, a decline of 71% from the average session volume of 14,828 shares. The stock had previously closed at C$4.07.

Analysts Set New Price Targets

Separately, TD downgraded Roots from a “hold” rating to a “sell” rating and dropped their price target for the company from C$4.50 to C$4.10 in a research note on Friday, August 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently has an average rating of “Sell” and an average target price of C$4.10.

Roots Stock Performance

The firm’s 50 day simple moving average is C$3.69 and its 200 day simple moving average is C$3.81. The firm has a market capitalization of C$159.92 million, a price-to-earnings ratio of 68.00, a PEG ratio of -0.54 and a beta of -0.05. The company has a debt-to-equity ratio of 71.46, a quick ratio of 0.25 and a current ratio of 1.21.

Roots (TSE:ROOT) last released its quarterly earnings data on Friday, September 11th. The company reported C($0.08) earnings per share for the quarter. Roots had a return on equity of 1.70% and a net margin of 0.90%.The business had revenue of C$49.54 million during the quarter. Sell-side analysts forecast that Roots Co. will post 0.29 earnings per share for the current fiscal year.

Roots Company Profile

Established in 1973, Roots is a global lifestyle brand. Starting from a small cabin in northern Canada, Roots has become a global brand which, as at the end of Q1 2026, operated 96 corporate retail stores and 11 short-term pop-up locations in Canada, two corporate retail stores in the United States, and an eCommerce platform, roots.com. We have more than 100 partner-operated stores in Asia, and we also operate a dedicated Roots-branded storefront on Tmall.com in China. We design, market, and sell a broad selection of products in different departments, including women’s men’s, children’s, and gender-free apparel, leather goods, footwear, and accessories.