New Look Vision Group (TSE:BCI) Share Price Crosses Below Fifty Day Moving Average of $32.36

Shares of New Look Vision Group Inc (TSE:BCI) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $32.36 and traded as low as $31.85. New Look Vision Group shares last traded at $32.18, with a volume of 1,300 shares trading hands.

Separately, National Bank Financial upped their price objective on New Look Vision Group from C$36.00 to C$40.00 and gave the company an “outperform” rating in a research report on Wednesday, January 8th.

The company has a debt-to-equity ratio of 99.09, a current ratio of 1.16 and a quick ratio of 0.42. The firm has a fifty day moving average price of C$32.36 and a two-hundred day moving average price of C$32.68. The stock has a market capitalization of $496.42 million and a PE ratio of 29.82.

New Look Vision Group Company Profile (TSE:BCI)

New Look Vision Group Inc provides eye care products and services in Canada. The company offers prescription eyewear and non-prescription eyewear; contact lenses; sunglasses, protective eyewear, and reading glasses; and accessories, such as cleaning products for eyeglasses and contact lenses. As of March 18, 2019, it operated a network of 373 stores, including 204 stores in Quebec, 47 stores in British Columbia, 37 stores in Ontario, 25 stores in New Brunswick, 22 stores in Nova Scotia, 13 stores in Newfoundland & Labrador, 7 stores in Prince Edward Island, and 2 stores in Saskatchewan primarily under the New Look Eyewear, Vogue Optical, Greiche & Scaff, and Iris banners.

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