Canadian Tire (TSE:CTC) Shares Down 1.9% – Time to Sell?

Canadian Tire Co., Limited (TSE:CTC) was down 1.9% during trading on Monday . The stock traded as low as C$220.00 and last traded at C$220.00. Approximately 1,140 shares were traded during mid-day trading, an increase of 146% from the average daily volume of 464 shares. The stock had previously closed at C$224.17.

Canadian Tire Trading Down 1.9%

The stock has a market cap of C$11.75 billion, a price-to-earnings ratio of 16.69, a P/E/G ratio of 0.49 and a beta of 0.67. The business has a 50-day simple moving average of C$238.34 and a two-hundred day simple moving average of C$248.79. The company has a debt-to-equity ratio of 150.68, a quick ratio of 1.15 and a current ratio of 1.60.

Canadian Tire (TSE:CTC) last announced its quarterly earnings data on Thursday, November 6th. The company reported C$3.78 EPS for the quarter. Canadian Tire had a net margin of 3.98% and a return on equity of 11.54%. The business had revenue of C$4.11 billion for the quarter. As a group, research analysts forecast that Canadian Tire Co., Limited will post 13.6961722 EPS for the current year.

Canadian Tire Company Profile

Canadian Tire Corporation, Limited, (TSX: CTC.A) (TSX: CTC) or ‘CTC’, is a group of companies that includes a Retail segment, a Financial Services division and CT REIT. Our retail business is led by Canadian Tire, which was founded in 1922 and provides Canadians with products for life in Canada across its Living, Playing, Fixing, Automotive and Seasonal & Gardening divisions. Party City, PartSource and Gas+ are key parts of the Canadian Tire network. The Retail segment also includes Mark’s, a leading source for casual and industrial wear; Pro Hockey Life, a hockey specialty store catering to elite players; and SportChek, Hockey Experts, Sports Experts and Atmosphere, which offer the best active wear brands.