Callidus Capital (TSE:CBL) Hits New 52-Week High – Still a Buy?

Shares of Callidus Capital Corp (TSE:CBL) hit a new 52-week high on Thursday . The stock traded as high as C$22.32 and last traded at C$22.32, with a volume of 226 shares changing hands. The stock had previously closed at C$22.14.

Callidus Capital Trading Up 0.8 %

The company has a quick ratio of 0.45, a current ratio of 0.78 and a debt-to-equity ratio of 1,111.72. The stock’s fifty day moving average price is C$16.83. The company has a market cap of C$1.27 billion and a P/E ratio of -5.30.

Callidus Capital Company Profile

Callidus Capital Corporation operates as a specialty asset based lender in Canada and the United States. It offers senior secured asset-based loans; revolving lines of credit; term loans, including standalone term loans; debtor in possession loans, acquisition funding out of bankruptcy, and stalking horse bid funding; and financing in support of acquisitions, MBO's, inventory builds, seasonal advance facilities, and purchase order financing.