Chesswood Group (TSE:CHW) Hits New 1-Year Low at $3.28

Chesswood Group Limited (TSE:CHW)’s share price reached a new 52-week low on Tuesday . The stock traded as low as C$3.28 and last traded at C$3.32, with a volume of 800 shares traded. The stock had previously closed at C$3.31.

Wall Street Analysts Forecast Growth

Separately, Raymond James upgraded shares of Chesswood Group from an “underperform” rating to a “market perform” rating and increased their price objective for the company from C$5.00 to C$7.00 in a research note on Monday, May 13th.

Chesswood Group Trading Up 0.3 %

The company has a debt-to-equity ratio of 1,047.24, a quick ratio of 38.05 and a current ratio of 44.92. The firm has a market cap of C$61.49 million, a P/E ratio of -1.61 and a beta of 2.15. The firm has a 50 day simple moving average of C$6.53 and a 200 day simple moving average of C$7.51.

Chesswood Group (TSE:CHW) last issued its quarterly earnings data on Wednesday, May 8th. The company reported C($0.25) EPS for the quarter, missing the consensus estimate of C($0.05) by C($0.20). The firm had revenue of C$68.80 million for the quarter, compared to analysts’ expectations of C$71.90 million. Chesswood Group had a negative net margin of 38.49% and a negative return on equity of 15.79%. On average, equities research analysts predict that Chesswood Group Limited will post 1.1459969 EPS for the current fiscal year.

Chesswood Group Company Profile

Chesswood Group Limited operates primarily in the specialty finance industry in North America. The company offers micro and small-ticket commercial equipment financing and origination to small and medium-sized businesses through the third-party broker and equipment vendor channels; and commercial equipment financing and loans to small and medium-sized businesses.