Canada Goose (TSE:GOOS) Hits New 1-Year Low – Time to Sell?

Shares of Canada Goose Holdings Inc. (TSE:GOOS) hit a new 52-week low on Friday . The company traded as low as C$12.32 and last traded at C$12.56, with a volume of 110081 shares changing hands. The stock had previously closed at C$12.93.

Canada Goose Trading Down 3.5%

The company has a market capitalization of C$1.22 billion, a PE ratio of 54.26, a P/E/G ratio of 0.61 and a beta of 1.72. The company has a quick ratio of 0.69, a current ratio of 2.63 and a debt-to-equity ratio of 129.06. The firm’s 50 day simple moving average is C$13.59 and its 200-day simple moving average is C$15.27.

Canada Goose (TSE:GOOS) last released its quarterly earnings results on Thursday, May 14th. The company reported C$0.37 earnings per share for the quarter. The business had revenue of C$453.30 million during the quarter. Canada Goose had a net margin of 1.47% and a return on equity of 4.29%. As a group, equities research analysts anticipate that Canada Goose Holdings Inc. will post 1.6222664 EPS for the current year.

About Canada Goose

Canada Goose Holdings Inc is a Canada based company that designs, manufactures, distributes, and retails premium outerwear for men, women, and children. It operates business through three segments namely, Wholesale and Direct to Consumer (DTC), Other. The DTC segment, which is the key revenue driver, comprises sales through country-specific e-commerce platforms and its company-owned retail stores located in the luxury shopping locations. The Wholesale segment comprises sales made to a mix of functional and fashionable retailers, including major luxury department stores, outdoor specialty stores, and individual shops, and to international distributors.