Colliers International Group (TSE:CIGI) Shares Up 3.8% – Time to Buy?

Colliers International Group Inc. (TSE:CIGI)’s stock price shot up 3.8% during trading on Friday . The stock traded as high as C$190.78 and last traded at C$190.75. 102,498 shares changed hands during trading, an increase of 38% from the average session volume of 74,429 shares. The stock had previously closed at C$183.80.

Colliers International Group Stock Performance

The company’s fifty day moving average price is C$198.10 and its two-hundred day moving average price is C$210.56. The company has a debt-to-equity ratio of 191.59, a quick ratio of 0.58 and a current ratio of 1.17. The firm has a market capitalization of C$9.72 billion, a PE ratio of 82.58, a price-to-earnings-growth ratio of 0.48 and a beta of 1.43.

Colliers International Group (TSE:CIGI) last issued its earnings results on Tuesday, November 4th. The company reported C$1.64 earnings per share for the quarter. Colliers International Group had a return on equity of 13.81% and a net margin of 3.38%.The firm had revenue of C$2.04 billion for the quarter. As a group, equities analysts expect that Colliers International Group Inc. will post 9.457457 earnings per share for the current year.

Colliers International Group Company Profile

Colliers International Group Inc is a real estate services and investment management company. The company has operations in over 60 countries to provide expert advice and services to maximize the value of the property for real estate occupiers, owners, and investors. It offers services to the investor, developers, and occupiers which includes source capital solutions, services for commercial and residential property developers, on a local, regional, national and international basis, Infrastructure consulting, Design and Build, and Market research.