Colliers International Group (CIG) Hits New 52-Week Low at $88.25

Colliers International Group Inc (TSE:CIG) (NASDAQ:CIGI) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$88.25 and last traded at C$87.36, with a volume of 28134 shares trading hands. The stock had previously closed at C$2.46.

Separately, William Blair reaffirmed an “outperform” rating on shares of Colliers International Group in a research note on Thursday, February 1st.

Colliers International Group (TSE:CIG) (NASDAQ:CIGI) last issued its earnings results on Wednesday, February 14th. The company reported C$1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of C$1.53 by C$0.23. The company had revenue of C$932.56 million for the quarter, compared to analyst estimates of C$833.38 million. Colliers International Group had a net margin of 7.64% and a return on equity of 71.89%.

Colliers International Group Company Profile

Colliers International Group Inc is engaged in the provision of commercial real estate services. The Company offers services, including outsourcing and advisory services, lease brokerage and sales brokerage. Its segments include Americas; Europe, Middle East and Africa (EMEA); Asia Pacific, and Corporate.

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