Colliers International Group (TSE:CIGI) Shares Climb 0.3% – Still a Buy?

Colliers International Group Inc. (TSE:CIGI)’s share price was up 0.3% during trading on Wednesday. The company traded as high as C$132.97 and last traded at C$131.29. 123,577 shares changed hands during trading, an increase of 13% from the average daily volume of 109,818 shares. The stock had previously closed at C$130.88.

Colliers International Group Stock Up 0.3%

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

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