Colabor Group Inc (GCL) Director Robert John Briscoe Purchases 50,000 Shares
Colabor Group Inc (TSE:GCL) Director Robert John Briscoe purchased 50,000 shares of the firm’s stock in a transaction dated Monday, June 26th. The stock was bought at an average cost of C$0.90 per share, with a total value of C$45,000.00.
Robert John Briscoe also recently made the following trade(s):
- On Friday, June 23rd, Robert John Briscoe purchased 293,500 shares of Colabor Group stock. The stock was bought at an average cost of C$0.89 per share, with a total value of C$261,215.00.
Shares of Colabor Group Inc (GCL) traded up 4.35% during midday trading on Tuesday, hitting $0.96. The stock had a trading volume of 222,936 shares. Colabor Group Inc has a 1-year low of $0.67 and a 1-year high of $1.53. The stock has a market cap of $98.03 million and a price-to-earnings ratio of 27.43. The firm’s 50-day moving average price is $0.91 and its 200-day moving average price is $1.17.
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Separately, TD Securities reissued a “hold” rating and issued a C$1.50 price target on shares of Colabor Group in a research note on Monday, February 27th.
Colabor Group Company Profile
Colabor Group Inc is a Canada-based distributor of food and food-related products. The Company serves foodservice and retail markets. The Company operates through two segments: Distribution and Wholesale. The Distribution Segment includes operating activities, such as Summit Foodservice, which is a distributor and master food wholesaler; Skor Cash & Carry Division, which operates over five Cash & Carry locations in southern Ontario and offers over 12,000 retail and food service products; Colabor Food Distributor, which is a distributor to foodservice and retail customers; Les Pecheries Norref Quebec Inc, which is a fresh fish and seafood products importer and distributor in the province of Quebec, and Lauzon Meats is a distributor of Cargill beef brands.
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