Roots (TSE:ROOT) Shares Up 1.7% – Time to Buy?

Roots Co. (TSE:ROOTGet Free Report) shares shot up 1.7% during mid-day trading on Tuesday . The stock traded as high as C$2.34 and last traded at C$2.34. 4,302 shares traded hands during mid-day trading, a decline of 67% from the average session volume of 12,974 shares. The stock had previously closed at C$2.30.

Roots Price Performance

The company has a debt-to-equity ratio of 69.31, a quick ratio of 0.25 and a current ratio of 1.31. The company has a market cap of C$94.65 million, a price-to-earnings ratio of 32.70, a PEG ratio of -0.54 and a beta of 2.42. The business has a fifty day moving average price of C$2.39 and a 200 day moving average price of C$2.24.

Roots Company Profile

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Roots Corporation, together with its subsidiaries, designs, markets, and sells apparel, leather goods, footwear, and accessories under the Roots brand in Canada and internationally. The company operates through two segments, Direct-To-Consumer, and Partners and Other. The Direct-to-Consumer segment sells products through the company's corporate retail stores and ecommerce.

Further Reading

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