Colabor Group (GCL) Scheduled to Post Earnings on Thursday

Colabor Group (TSE:GCL) is scheduled to release its earnings data before the market opens on Thursday, February 22nd.

Shares of Colabor Group (TSE:GCL) traded down C$0.01 during midday trading on Friday, reaching C$0.71. 44,300 shares of the company traded hands, compared to its average volume of 56,309. The stock has a market cap of $72.50, a price-to-earnings ratio of -3.74 and a beta of 0.86. Colabor Group has a 12 month low of C$0.66 and a 12 month high of C$1.48.

In related news, insider Robert John Briscoe purchased 84,500 shares of the business’s stock in a transaction that occurred on Monday, November 27th. The stock was bought at an average price of C$0.77 per share, with a total value of C$65,065.00. In the last three months, insiders purchased 361,200 shares of company stock valued at $275,934.

Separately, TD Securities cut their price target on shares of Colabor Group from C$1.20 to C$0.70 and set a “hold” rating for the company in a report on Friday, October 20th.

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About Colabor Group

Colabor Group Inc is a Canada-based distributor of food and food-related products. The Company serves foodservice and retail markets. The Company operates through two segments: Distribution and Wholesale. The Distribution Segment includes operating activities, such as Summit Foodservice, which is a distributor and master food wholesaler; Skor Cash & Carry Division, which operates over five Cash & Carry locations in southern Ontario and offers over 12,000 retail and food service products; Colabor Food Distributor, which is a distributor to foodservice and retail customers; Les Pecheries Norref Quebec Inc, which is a fresh fish and seafood products importer and distributor in the province of Quebec, and Lauzon Meats is a distributor of Cargill beef brands.

Earnings History for Colabor Group (TSE:GCL)

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