Colliers International Group (TSE:CIGI) Stock Price Passes Below 200-Day Moving Average – What’s Next?

Colliers International Group Inc. (TSE:CIGI) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$173.56 and traded as low as C$134.45. Colliers International Group shares last traded at C$134.48, with a volume of 21,535 shares.

Colliers International Group Stock Up 1.3%

The company has a debt-to-equity ratio of 174.70, a current ratio of 4.82 and a quick ratio of 0.58. The firm’s 50-day simple moving average is C$144.10 and its two-hundred day simple moving average is C$173.56. The company has a market capitalization of C$6.87 billion, a price-to-earnings ratio of 82.50, a price-to-earnings-growth ratio of 0.48 and a beta of 1.30.

Colliers International Group (TSE:CIGI) last issued its earnings results on Tuesday, May 5th. The company reported C$1.26 earnings per share for the quarter. Colliers International Group had a net margin of 1.48% and a return on equity of 5.76%. The company had revenue of C$1.60 billion for the quarter. Sell-side analysts predict that Colliers International Group Inc. will post 9.457457 EPS for the current fiscal year.

About Colliers International Group

Colliers International Group Inc is a real estate services and investment management company. The company has operations in over 60 countries to provide expert advice and services to maximize the value of the property for real estate occupiers, owners, and investors. It offers services to the investor, developers, and occupiers which includes source capital solutions, services for commercial and residential property developers, on a local, regional, national and international basis, Infrastructure consulting, Design and Build, and Market research.