Canada Goose (TSE:GOOS) Stock Price Passes Below 50-Day Moving Average – Time to Sell?

Canada Goose Holdings Inc. (TSE:GOOS)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$13.54 and traded as low as C$12.51. Canada Goose shares last traded at C$12.53, with a volume of 175,421 shares changing hands.

Canada Goose Price Performance

The stock has a market capitalization of C$1.22 billion, a PE ratio of 54.48, a P/E/G ratio of 0.61 and a beta of 1.72. The company has a debt-to-equity ratio of 158.47, a current ratio of 2.33 and a quick ratio of 0.69. The stock’s fifty day moving average is C$13.54 and its 200-day moving average is C$15.04.

Canada Goose (TSE:GOOS) last issued its quarterly earnings data on Thursday, July 30th. The company reported C($0.89) earnings per share for the quarter. Canada Goose had a return on equity of 10.37% and a net margin of 3.70%.The firm had revenue of C$118.90 million during the quarter. As a group, equities analysts predict that Canada Goose Holdings Inc. will post 1.6222664 earnings per share for the current fiscal year.

Canada Goose Company Profile

Canada Goose Holdings Inc is a Canada based company that designs, manufactures, distributes, and retails premium outerwear for men, women, and children. It operates business through three segments namely, Wholesale and Direct to Consumer (DTC), Other. The DTC segment, which is the key revenue driver, comprises sales through country-specific e-commerce platforms and its company-owned retail stores located in the luxury shopping locations. The Wholesale segment comprises sales made to a mix of functional and fashionable retailers, including major luxury department stores, outdoor specialty stores, and individual shops, and to international distributors.