Reitmans (TSE:RET.A) Stock Crosses Below 200 Day Moving Average of $2.89

Reitmans Limited (TSE:RET.A) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $2.89 and traded as low as $2.21. Reitmans shares last traded at $2.21, with a volume of 13,146 shares changing hands.

The stock has a market cap of $78.29 million and a P/E ratio of -11.00. The company has a fifty day moving average price of C$2.60 and a 200 day moving average price of C$2.89. The company has a debt-to-equity ratio of 76.53, a current ratio of 1.48 and a quick ratio of 0.53.

Reitmans Company Profile (TSE:RET.A)

Reitmans (Canada) Limited primarily engages in the retail of women's wearing apparel in Canada. Its products include shirts, blouses, pants, dresses, skirts, sweaters, outerwear, activewear, lingerie, and accessories. The company also offers apparel for men. It serves customers through retail and e-commerce channels, under the Reitmans, Addition Elle, Penningtons, RW & CO., Thyme Maternity, and Hyba brand names.

Further Reading: Understanding the Price to Earnings Ratio (PE)

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