Le Château Inc. (CTU.V) (CVE:CTU) Stock Passes Below 50 Day Moving Average – Time to Sell?

Le Château Inc. (CTU.V) (CVE:CTU)’s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.01 and traded as low as C$0.01. Le Château Inc. (CTU.V) shares last traded at C$0.01, with a volume of 719,800 shares changing hands.

Le Château Inc. (CTU.V) Stock Down 66.7%

The firm’s 50 day simple moving average is C$0.01 and its 200 day simple moving average is C$0.01. The company has a market cap of C$299,640.00 and a price-to-earnings ratio of -0.00. The company has a quick ratio of 0.04, a current ratio of 0.66 and a debt-to-equity ratio of 1,533.65.

About Le Château Inc. (CTU.V)

Le Château Inc operates as a specialty retailer and manufacturer. It designs, develops, manufactures, and sells fashion apparel, accessories, and footwear for women and men. As of January 25, 2020, the company 129 stores, including 12 fashion outlet stores, as well as an e-commerce platform in Canada. It operates its stores under the Le Château brand. The company was formerly known as Château Stores of Canada Ltd. and changed its name to Le Château Inc in July 2000. Le Château Inc was founded in 1959 and is headquartered in Montreal, Canada.