Callidus Capital (TSE:CBL) Shares Down 1.1% – Here’s What Happened

Callidus Capital Corp (TSE:CBLGet Free Report) shares were down 1.1% on Monday . The stock traded as low as C$20.35 and last traded at C$20.35. Approximately 178 shares traded hands during trading, a decline of 84% from the average daily volume of 1,127 shares. The stock had previously closed at C$20.57.

Callidus Capital Stock Performance

The stock has a market capitalization of C$1.16 billion and a price-to-earnings ratio of -4.83. The company has a current ratio of 0.78, a quick ratio of 0.45 and a debt-to-equity ratio of 1,111.72. The business’s 50-day simple moving average is C$11.75.

About Callidus Capital

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Callidus Capital Corporation operates as a specialty asset based lender in Canada and the United States. It offers senior secured asset-based loans; revolving lines of credit; term loans, including standalone term loans; debtor in possession loans, acquisition funding out of bankruptcy, and stalking horse bid funding; and financing in support of acquisitions, MBO's, inventory builds, seasonal advance facilities, and purchase order financing.

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