Canada Goose (TSE:GOOS) Trading Down 18.6% – Time to Sell?

Canada Goose Holdings Inc. (TSE:GOOS) shares traded down 18.6% during mid-day trading on Thursday . The company traded as low as C$14.74 and last traded at C$14.74. 333,844 shares were traded during trading, an increase of 141% from the average session volume of 138,616 shares. The stock had previously closed at C$18.10.

Canada Goose Price Performance

The firm has a market capitalization of C$1.42 billion, a PE ratio of 56.23, a P/E/G ratio of 0.61 and a beta of 2.10. The firm’s fifty day moving average price is C$18.03 and its 200 day moving average price is C$18.16. The company has a current ratio of 2.01, a quick ratio of 0.69 and a debt-to-equity ratio of 168.00.

Canada Goose (TSE:GOOS) last posted its earnings results on Thursday, November 6th. The company reported C($0.14) earnings per share (EPS) for the quarter. The business had revenue of C$272.60 million for the quarter. Canada Goose had a net margin of 5.49% and a return on equity of 18.01%. As a group, equities analysts forecast that Canada Goose Holdings Inc. will post 1.6222664 earnings per share for the current year.

Canada Goose Company Profile

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.