Colabor Group (TSE:GCL) Releases Quarterly Earnings Results

Colabor Group (TSE:GCLGet Free Report) announced its quarterly earnings results on Wednesday. The company reported C$0.02 EPS for the quarter, reports. Colabor Group had a return on equity of 4.23% and a net margin of 0.61%. The business had revenue of C$161.28 million for the quarter, compared to analyst estimates of C$162.20 million.

Colabor Group Price Performance

GCL opened at C$1.28 on Friday. The stock’s 50-day moving average price is C$1.19 and its 200 day moving average price is C$1.19. Colabor Group has a 12-month low of C$0.88 and a 12-month high of C$1.33. The company has a current ratio of 1.60, a quick ratio of 0.76 and a debt-to-equity ratio of 157.32. The firm has a market cap of C$130.55 million, a price-to-earnings ratio of 32.00, a PEG ratio of 0.61 and a beta of 0.74.

Analyst Upgrades and Downgrades

Separately, Desjardins raised Colabor Group to a “moderate buy” rating in a research note on Thursday.

Check Out Our Latest Stock Analysis on Colabor Group

Colabor Group Company Profile

(Get Free Report)

Colabor Group Inc, together with its subsidiaries, markets and distributes food and food-related products in Canada. It operates in two segments, Distribution and Wholesale. The Distribution segment offers frozen products, dry staples, dairy products, meat, seafood, fruits and vegetables, disposables, and sanitation products, as well as fish products.

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Earnings History for Colabor Group (TSE:GCL)

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