Reitmans (TSE:RET) Stock Crosses Below Two Hundred Day Moving Average of $0.42

Reitmans Limited (TSE:RET)’s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.42 and traded as low as $0.19. Reitmans shares last traded at $0.19, with a volume of 20,000 shares changing hands.

The firm has a market capitalization of $9.77 million and a price-to-earnings ratio of -0.07. The company has a current ratio of 1.10, a quick ratio of 0.26 and a debt-to-equity ratio of 188.87. The company has a fifty day moving average price of C$0.26 and a 200-day moving average price of C$0.41.

Reitmans (TSE:RET) last announced its quarterly earnings results on Thursday, July 30th. The company reported C($1.11) earnings per share (EPS) for the quarter. The firm had revenue of C$104.71 million during the quarter. As a group, sell-side analysts predict that Reitmans Limited will post 0.17 EPS for the current fiscal year.

About Reitmans (TSE:RET)

Reitmans (Canada) Limited primarily engages in the retail of women's wearing apparel in Canada. Its products include shirts, blouses, pants, dresses, skirts, sweaters, outerwear, activewear, lingerie, and accessories. The company also offers apparel for men. It serves customers through retail and e-commerce channels, under the Reitmans, Addition Elle, Penningtons, RW & CO., Thyme Maternity, and Hyba brand names.

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