Roots (TSE:ROOT) Stock Price Up 1.1% – Time to Buy?

Roots Co. (TSE:ROOT) shares rose 1.1% on Monday . The stock traded as high as C$3.52 and last traded at C$3.52. Approximately 1,054 shares were traded during mid-day trading, a decline of 89% from the average daily volume of 9,762 shares. The stock had previously closed at C$3.48.

Roots Stock Performance

The company’s fifty day simple moving average is C$3.22 and its two-hundred day simple moving average is C$3.23. The company has a debt-to-equity ratio of 85.26, a quick ratio of 0.25 and a current ratio of 1.41. The stock has a market capitalization of C$143.52 million, a P/E ratio of -4.58, a PEG ratio of -0.54 and a beta of 0.38.

Roots Company Profile

Roots Corp provides a portfolio of apparel, leather goods, accessories, and footwear for men, women, and children under the Roots brand. Its merchandise includes genuine leather, such as jackets, bags, and luggage; kids & baby clothing; and leather, linens, towels, and accessories. The company operates through two segments: Direct-To-Consumer, which accounts for majority revenue, and Partners & Other. The DTC segment sells products through the company’s corporate retail stores and e-commerce. The Partners & Other segment engage in the wholesale of Roots branded products to the company’s international operating partner, and it earns royalties on the retail sales of Roots-branded products.