Roots (TSE:ROOT) Trading 0.9% Higher – What’s Next?

Roots Co. (TSE:ROOT)’s share price traded up 0.9% during trading on Thursday . The company traded as high as C$2.19 and last traded at C$2.17. 2,810 shares traded hands during trading, a decline of 63% from the average session volume of 7,693 shares. The stock had previously closed at C$2.15.

Roots Stock Performance

The stock has a market cap of C$90.97 million, a P/E ratio of 226.00, a price-to-earnings-growth ratio of -0.54 and a beta of 2.42. The stock has a 50 day simple moving average of C$2.09 and a 200 day simple moving average of C$2.12. The company has a current ratio of 1.11, a quick ratio of 0.25 and a debt-to-equity ratio of 65.71.

About Roots

Roots Corporation, together with its subsidiaries, designs, markets, and sells apparel, leather goods, footwear, and accessories under the Roots brand in Canada and internationally. The company operates through two segments, Direct-To-Consumer, and Partners and Other. The Direct-to-Consumer segment sells products through the company's corporate retail stores and ecommerce.