Canada Goose (TSE:GOOS) Stock Price Down 0.8% – Should You Sell?

Shares of Canada Goose Holdings Inc. (TSE:GOOS) traded down 0.8% during trading on Friday . The company traded as low as C$15.12 and last traded at C$15.34. 73,621 shares traded hands during mid-day trading, a decline of 44% from the average session volume of 131,757 shares. The stock had previously closed at C$15.47.

Analyst Ratings Changes

Separately, Wells Fargo & Company lowered their target price on Canada Goose from C$22.00 to C$19.00 and set an “overweight” rating on the stock in a report on Friday, February 6th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of C$22.00.

Canada Goose Trading Down 0.8%

The company has a market capitalization of C$1.49 billion, a PE ratio of 69.73, a PEG ratio of 0.61 and a beta of 1.77. The company has a fifty day simple moving average of C$15.55 and a 200-day simple moving average of C$17.15. The company has a current ratio of 2.12, a quick ratio of 0.69 and a debt-to-equity ratio of 176.78.

About Canada Goose

Canada Goose Holdings Inc is a Canada based company that designs, manufactures, distributes, and retails premium outerwear for men, women, and children. It operates business through three segments namely, Wholesale and Direct to Consumer (DTC), Other. The DTC segment, which is the key revenue driver, comprises sales through country-specific e-commerce platforms and its company-owned retail stores located in the luxury shopping locations. The Wholesale segment comprises sales made to a mix of functional and fashionable retailers, including major luxury department stores, outdoor specialty stores, and individual shops, and to international distributors.