Roots (TSE:ROOT) Trading Up 4.5% – Still a Buy?

Shares of Roots Co. (TSE:ROOT) were up 4.5% during mid-day trading on Friday . The stock traded as high as C$2.31 and last traded at C$2.31. Approximately 72,181 shares changed hands during mid-day trading, an increase of 320% from the average daily volume of 17,206 shares. The stock had previously closed at C$2.21.

Roots Price Performance

The stock has a market cap of C$92.98 million, a price-to-earnings ratio of 231.00, a PEG ratio of -0.54 and a beta of 2.42. The company has a 50-day moving average of C$2.14 and a 200-day moving average of C$2.10. The company has a debt-to-equity ratio of 65.71, a quick ratio of 0.25 and a current ratio of 1.11.

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.