Colliers International Group (TSE:CIGI) Trading Up 3.8% – Here’s Why

Colliers International Group Inc. (TSE:CIGI)’s stock price rose 3.8% on Friday . The company traded as high as C$190.78 and last traded at C$190.75. Approximately 102,498 shares were traded during mid-day trading, an increase of 38% from the average daily volume of 74,429 shares. The stock had previously closed at C$183.80.

Colliers International Group Price Performance

The stock has a 50 day moving average of C$198.10 and a two-hundred day moving average of C$210.42. The company has a debt-to-equity ratio of 191.59, a quick ratio of 0.58 and a current ratio of 1.17. The stock has a market cap of C$9.72 billion, a PE ratio of 82.58, a PEG ratio of 0.48 and a beta of 1.43.

Colliers International Group (TSE:CIGI) last announced its earnings results on Tuesday, November 4th. The company reported C$1.64 EPS for the quarter. The company had revenue of C$2.04 billion during the quarter. Colliers International Group had a net margin of 3.38% and a return on equity of 13.81%. Equities analysts anticipate that Colliers International Group Inc. will post 9.457457 EPS for the current year.

About Colliers International Group

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.