Roots (TSE:ROOT) Shares Climb 0.2% – Here’s Why
by Scott Moore · The Cerbat GemRoots Co. (TSE:ROOT – Get Free Report) shares were up 0.2% on Monday. The stock traded as high as C$4.10 and last traded at C$4.10. 701 shares were traded during trading, a decline of 95% from the average daily volume of 14,037 shares. The stock had previously closed at C$4.09.
Analyst Ratings Changes
Separately, TD cut shares of Roots from a “hold” rating to a “sell” rating and decreased their price target for the stock from C$4.50 to C$4.10 in a research note on Friday, August 21st. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company presently has an average rating of “Sell” and an average price target of C$4.10.
Read Our Latest Analysis on Roots
Roots Stock Performance
The firm has a market cap of C$160.32 million, a P/E ratio of 204.50, a P/E/G ratio of -0.54 and a beta of -0.26. The stock has a 50 day simple moving average of C$4.05 and a 200-day simple moving average of C$3.75. The company has a current ratio of 1.29, a quick ratio of 0.25 and a debt-to-equity ratio of 74.33.
Roots (TSE:ROOT – Get Free Report) last posted its earnings results on Friday, September 11th. The company reported C($0.08) earnings per share for the quarter. Roots had a net margin of 0.31% and a return on equity of 0.59%. The business had revenue of C$49.54 million during the quarter. On average, equities research analysts expect that Roots Co. will post 0.29 EPS for the current fiscal year.
About Roots
Established in 1973, Roots is a global lifestyle brand. Starting from a small cabin in northern Canada, Roots has become a global brand which, as at the end of Q1 2026, operated 96 corporate retail stores and 11 short-term pop-up locations in Canada, two corporate retail stores in the United States, and an eCommerce platform, roots.com. We have more than 100 partner-operated stores in Asia, and we also operate a dedicated Roots-branded storefront on Tmall.com in China. We design, market, and sell a broad selection of products in different departments, including women’s men’s, children’s, and gender-free apparel, leather goods, footwear, and accessories.