Canadian Tire (TSE:CTC) Stock Price Down 1.3% – Should You Sell?

Canadian Tire Co., Limited (TSE:CTC)’s share price traded down 1.3% during trading on Friday . The company traded as low as C$213.50 and last traded at C$217.25. 860 shares were traded during mid-day trading, an increase of 101% from the average session volume of 428 shares. The stock had previously closed at C$220.10.

Canadian Tire Stock Performance

The company has a quick ratio of 1.15, a current ratio of 1.60 and a debt-to-equity ratio of 150.68. The company has a market capitalization of C$11.61 billion, a PE ratio of 16.48, a PEG ratio of 0.49 and a beta of 0.61. The company has a 50-day moving average price of C$227.68 and a two-hundred day moving average price of C$243.18.

Canadian Tire (TSE:CTC) last posted its earnings results on Thursday, November 6th. The company reported C$3.78 earnings per share (EPS) for the quarter. The business had revenue of C$4.11 billion for the quarter. Canadian Tire had a net margin of 3.98% and a return on equity of 11.54%. Analysts predict that Canadian Tire Co., Limited will post 13.6961722 EPS for the current fiscal 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.