Loblaw Companies Limited (OTCMKTS:LBLCF – Get Free Report) shares reached a new 52-week high during trading on Wednesday. The stock traded as high as $50.50 and last traded at $50.50, with a volume of 801 shares. The stock had previously closed at $49.53.
Loblaw Companies Stock Performance
The company has a market cap of $57.68 billion and a P/E ratio of 29.66. The business has a 50 day moving average price of $45.70 and a two-hundred day moving average price of $45.85. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.59 and a current ratio of 1.06.
About Loblaw Companies
Loblaw Companies Limited is a Canadian retailer that operates grocery stores, pharmacies and related consumer businesses. Its food retail operations sell fresh food, packaged groceries, household products, general merchandise and apparel through a portfolio of corporate, franchised and independent stores.
The company’s retail banners include Real Canadian Superstore, No Frills, Zehrs, Fortinos, Provigo, Maxi and Atlantic Superstore, while its pharmacy business operates primarily under the Shoppers Drug Mart and Pharmaprix names.
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