Cervus Equipment (TSE:CERV) Trading Down 0.1% – Here’s Why

Cervus Equipment Co. (TSE:CERV) shares traded down 0.1% during mid-day trading on Wednesday . The stock traded as low as C$19.48 and last traded at C$19.49. 28,523 shares changed hands during trading, a decline of 20% from the average session volume of 35,544 shares. The stock had previously closed at C$19.50.

Cervus Equipment Price Performance

The company’s fifty day moving average is C$19.49. The firm has a market cap of C$301.47 million and a P/E ratio of 9.10. The company has a current ratio of 1.55, a quick ratio of 0.38 and a debt-to-equity ratio of 85.11.

Cervus Equipment Company Profile

Cervus Equipment Corporation, an equipment dealer, provides equipment solutions to customers in agriculture, transportation, and industrial markets in Canada, Australia, and New Zealand. It operates through three segments: Agricultural, Transportation, and Industrial. The company provides riding mower, gator utility vehicles, zero-turn mowers, tractors, commercial mowers, as well as cutters and shredders and front-end loaders.