MAV Beauty Brands (TSE:MAV) Sets New 12-Month Low at $4.50

Shares of MAV Beauty Brands Inc (TSE:MAV) reached a new 52-week low during trading on Thursday . The company traded as low as C$4.50 and last traded at C$4.55, with a volume of 19050 shares trading hands. The stock had previously closed at C$4.70.

A number of equities analysts have recently commented on the stock. Raymond James cut their price objective on shares of MAV Beauty Brands from C$13.50 to C$8.00 in a research report on Thursday, August 8th. CIBC cut their price objective on shares of MAV Beauty Brands from C$12.00 to C$10.00 in a research report on Thursday, August 8th. National Bank Financial cut their price objective on shares of MAV Beauty Brands from C$10.50 to C$9.50 and set a “sector perform” rating for the company in a research report on Thursday, August 8th. Finally, Royal Bank of Canada cut their price objective on shares of MAV Beauty Brands from C$10.00 to C$8.50 in a research report on Thursday, August 8th.

The firm has a market capitalization of $158.83 million and a P/E ratio of -48.98. The company has a quick ratio of 1.30, a current ratio of 2.66 and a debt-to-equity ratio of 53.08. The firm’s 50-day simple moving average is C$6.03 and its 200-day simple moving average is C$7.53.



About MAV Beauty Brands (TSE:MAV)

MAV Beauty Brands Inc operates as a personal care company. The company offers hair care, body care, and beauty products, such as shampoos, conditioners, hair styling products, treatments, body wash products, and body and hand lotions under the Marc Anthony True Professional, Renpure, and Cake Beauty brand names.

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