Colabor Group Inc (GCL) Director Robert John Briscoe Buys 500,000 Shares
Colabor Group Inc (TSE:GCL) Director Robert John Briscoe acquired 500,000 shares of the firm’s stock in a transaction on Monday, October 23rd. The stock was bought at an average price of C$0.75 per share, with a total value of C$375,000.00.
Robert John Briscoe also recently made the following trade(s):
- On Friday, August 11th, Robert John Briscoe acquired 65,000 shares of Colabor Group stock. The stock was bought at an average price of C$0.84 per share, with a total value of C$54,600.00.
- On Tuesday, July 25th, Robert John Briscoe acquired 35,000 shares of Colabor Group stock. The stock was bought at an average price of C$0.82 per share, with a total value of C$28,700.00.
Colabor Group Inc (TSE:GCL) traded up 1.41% during trading on Monday, reaching $0.72. 1,273,221 shares of the company’s stock traded hands. Colabor Group Inc has a 1-year low of $0.66 and a 1-year high of $1.53. The stock has a 50-day moving average price of $0.89 and a 200 day moving average price of $0.92. The stock has a market capitalization of $73.52 million and a P/E ratio of 26.67.
Separately, TD Securities decreased their price objective on shares of Colabor Group from C$1.20 to C$0.70 and set a “hold” rating for the company in a research note on Friday.
About Colabor Group
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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