Colliers International Group (TSE:CIGI) Trading Up 4% – Here’s Why

Colliers International Group Inc. (TSE:CIGI) shot up 4% on Friday . The company traded as high as C$138.04 and last traded at C$137.53. 83,190 shares changed hands during mid-day trading, a decline of 22% from the average session volume of 106,060 shares. The stock had previously closed at C$132.20.

Colliers International Group Price Performance

The company has a quick ratio of 0.58, a current ratio of 4.82 and a debt-to-equity ratio of 174.70. The stock’s 50-day moving average price is C$134.63 and its 200-day moving average price is C$153.04. The company has a market capitalization of C$7.03 billion, a price-to-earnings ratio of 84.37, a price-to-earnings-growth ratio of 0.48 and a beta of 1.14.

Colliers International Group (TSE:CIGI) last issued its quarterly earnings results on Tuesday, May 5th. The company reported C$1.26 earnings per share for the quarter. Colliers International Group had a net margin of 1.48% and a return on equity of 5.76%. The business had revenue of C$1.60 billion during the quarter. Equities research analysts anticipate that Colliers International Group Inc. will post 9.457457 earnings per share 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.