Colliers International Group (TSE:CIGI) Stock Crosses Above 200 Day Moving Average – Here’s Why

Colliers International Group Inc. (TSE:CIGI)’s share price crossed above its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of C$144.84 and traded as high as C$148.33. Colliers International Group shares last traded at C$146.13, with a volume of 211,778 shares.

Colliers International Group Price Performance

The company has a market cap of C$7.02 billion, a PE ratio of 65.11, a P/E/G ratio of 0.48 and a beta of 1.25. The company has a current ratio of 5.40, a quick ratio of 0.58 and a debt-to-equity ratio of 214.41. The firm has a 50 day moving average of C$130.86 and a two-hundred day moving average of C$144.23.

Colliers International Group (TSE:CIGI) last announced its earnings results on Wednesday, November 4th. The company reported C$2.81 earnings per share (EPS) for the quarter. The company had revenue of C$2.33 billion during the quarter. Colliers International Group had a net margin of 1.83% and a return on equity of 7.19%. Research analysts predict that Colliers International Group Inc. will post 9.46 earnings per share for the current fiscal year.

About Colliers International Group

Colliers (NASDAQ, TSX: CIGI) is a global diversified professional services and investment management company operating through three industry leading businesses: Commercial Real Estate, Engineering, and Investment Management. With greater than a 30-year track record of consistent growth and strong recurring cash flows, we scale complementary, high-value businesses that provide essential services across the full asset lifecycle. Our unique partnership philosophy empowers exceptional leaders, preserves our entrepreneurial culture, and ensures meaningful inside ownership – driving strong alignment and sustained value creation for our shareholders.