Colliers International Group (TSE:CIGI) Shares Down 0.2% – Here’s What Happened

Colliers International Group Inc. (TSE:CIGI)’s share price was down 0.2% during mid-day trading on Friday . The stock traded as low as C$203.17 and last traded at C$204.82. Approximately 48,516 shares were traded during trading, an increase of 6% from the average daily volume of 45,908 shares. The stock had previously closed at C$205.24.

Colliers International Group Trading Down 0.2%

The company’s fifty day moving average price is C$201.75 and its two-hundred day moving average price is C$209.76. The company has a current ratio of 1.17, a quick ratio of 0.58 and a debt-to-equity ratio of 191.59. The firm has a market cap of C$10.43 billion, a P/E ratio of 88.67, a price-to-earnings-growth ratio of 0.48 and a beta of 1.61.

Colliers International Group (TSE:CIGI) last announced its quarterly earnings results on Tuesday, November 4th. The company reported C$1.64 earnings per share (EPS) for the quarter. The firm 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%. As a group, sell-side analysts predict that Colliers International Group Inc. will post 9.457457 EPS for the current fiscal 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.