Roots (TSE:ROOT) Stock Price Down 1.9% – Here’s Why

by · The Cerbat Gem

Shares of Roots Co. (TSE:ROOT – Get Free Report) were down 1.9% on Friday . The company traded as low as C$2.10 and last traded at C$2.10. Approximately 14,175 shares were traded during trading, an increase of 77% from the average daily volume of 8,028 shares. The stock had previously closed at C$2.14.

Roots Price Performance

The company has a quick ratio of 0.25, a current ratio of 1.11 and a debt-to-equity ratio of 65.71. The stock has a fifty day moving average of C$2.10 and a two-hundred day moving average of C$2.10. The stock has a market cap of C$84.53 million, a price-to-earnings ratio of 210.00, a price-to-earnings-growth ratio of -0.54 and a beta of 2.42.

About Roots

(Get Free Report)

Roots Corporation, together with its subsidiaries, designs, markets, and sells apparel, leather goods, footwear, and accessories under the Roots brand in Canada and internationally. The company operates through two segments, Direct-To-Consumer, and Partners and Other. The Direct-to-Consumer segment sells products through the company's corporate retail stores and ecommerce.

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