Colliers International Group (TSE:CIGI) Hits New 12-Month Low – Here’s What Happened

Colliers International Group Inc. (TSE:CIGI) shares reached a new 52-week low on Wednesday . The stock traded as low as C$124.64 and last traded at C$124.64, with a volume of 64238 shares traded. The stock had previously closed at C$126.40.

Colliers International Group Trading Down 1.8%

The company has a market cap of C$6.34 billion, a P/E ratio of 58.84, a price-to-earnings-growth ratio of 0.48 and a beta of 1.31. The company has a quick ratio of 0.58, a current ratio of 5.40 and a debt-to-equity ratio of 214.41. The firm’s 50-day moving average price is C$139.73 and its 200-day moving average price is C$141.32.

Colliers International Group (TSE:CIGI) last released its quarterly earnings data on Thursday, July 30th. The company reported C$2.60 EPS for the quarter. Colliers International Group had a net margin of 1.83% and a return on equity of 7.19%. The company had revenue of C$2.23 billion during the quarter. As a group, equities research analysts expect that Colliers International Group Inc. will post 9.457457 earnings per share for the current fiscal year.

Colliers International Group Company Profile

Colliers International Group Inc is a real estate services and investment management company. The company has operations in over 60 countries to provide expert advice and services to maximize the value of the property for real estate occupiers, owners, and investors. It offers services to the investor, developers, and occupiers which includes source capital solutions, services for commercial and residential property developers, on a local, regional, national and international basis, Infrastructure consulting, Design and Build, and Market research.