Colliers International Group (TSE:CIGI) Trading Down 9.5% – Here’s What Happened

Colliers International Group Inc. (TSE:CIGI)’s stock price fell 9.5% during mid-day trading on Thursday . The stock traded as low as C$159.52 and last traded at C$159.70. 107,403 shares changed hands during mid-day trading, an increase of 41% from the average session volume of 76,077 shares. The stock had previously closed at C$176.44.

Colliers International Group Stock Performance

The company has a debt-to-equity ratio of 191.59, a current ratio of 1.17 and a quick ratio of 0.58. The company has a fifty day moving average price of C$197.47 and a 200 day moving average price of C$210.49. The stock has a market cap of C$8.18 billion, a P/E ratio of 69.53, a P/E/G 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 (EPS) for the quarter. The company had revenue of C$2.04 billion for the quarter. Colliers International Group had a return on equity of 13.81% and a net margin of 3.38%. On average, equities analysts expect that Colliers International Group Inc. will post 9.457457 EPS for the current year.

About Colliers International Group

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.