Colliers International Group (TSE:CIGI) Stock Price Down 1.9%

Colliers International Group Inc. (TSE:CIGI)’s share price was down 1.9% during trading on Thursday . The stock traded as low as C$145.79 and last traded at C$147.29. Approximately 51,980 shares changed hands during trading, an increase of 18% from the average daily volume of 44,118 shares. The stock had previously closed at C$150.14.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada raised their price objective on Colliers International Group from C$121.00 to C$150.00 and gave the company an “outperform” rating in a research report on Friday, February 9th.

Colliers International Group Price Performance

The company has a debt-to-equity ratio of 111.77, a current ratio of 1.02 and a quick ratio of 0.58. The firm has a market cap of C$7.11 billion, a PE ratio of 75.97, a price-to-earnings-growth ratio of 0.48 and a beta of 1.59. The firm has a 50-day simple moving average of C$161.59 and a 200 day simple moving average of C$150.94.

About Colliers International Group

Colliers International Group Inc provides commercial real estate professional and investment management services to corporate and institutional clients in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers outsourcing and advisory services, such as engineering and project management, property management, valuation, and other services, as well as loan servicing for commercial real estate clients.