Colliers International Group (TSE:CIGI) Shares Up 0.3% – Here’s Why

Shares of Colliers International Group Inc. (TSE:CIGI) rose 0.3% during mid-day trading on Wednesday. The stock traded as high as C$132.97 and last traded at C$131.29. Approximately 123,577 shares were traded during trading, an increase of 13% from the average session volume of 109,818 shares. The stock had previously closed at C$130.88.

Colliers International Group Stock Performance

The firm has a market cap of C$6.71 billion, a PE ratio of 62.22, a P/E/G ratio of 0.48 and a beta of 1.19. The company has a debt-to-equity ratio of 214.41, a current ratio of 5.40 and a quick ratio of 0.58. The stock has a 50-day moving average price of C$131.72 and a 200 day moving average price of C$145.80.

Colliers International Group (TSE:CIGI) last released its earnings results on Thursday, July 30th. The company reported C$2.60 EPS for the quarter. Colliers International Group had a return on equity of 7.19% and a net margin of 1.83%. The firm had revenue of C$2.23 billion during the quarter. Research analysts forecast that Colliers International Group Inc. will post 9.46 earnings per share for the current year.

About Colliers International Group

Colliers (NASDAQ, TSX: CIGI) is a global diversified professional services and investment management company operating through three industry leading businesses: Commercial Real Estate, Engineering, and Investment Management. With greater than a 30-year track record of consistent growth and strong recurring cash flows, we scale complementary, high-value businesses that provide essential services across the full asset lifecycle. Our unique partnership philosophy empowers exceptional leaders, preserves our entrepreneurial culture, and ensures meaningful inside ownership – driving strong alignment and sustained value creation for our shareholders.