Loblaw Companies Limited (OTCMKTS:LBLCF – Get Free Report)’s stock price hit a new 52-week high during trading on Wednesday. The company traded as high as $50.50 and last traded at $50.50, with a volume of 801 shares. The stock had previously closed at $49.53.
Loblaw Companies Stock Performance
The company’s 50-day moving average price is $45.70 and its two-hundred day moving average price is $45.85. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.59 and a current ratio of 1.06. The stock has a market cap of $57.68 billion and a PE ratio of 29.66.
About Loblaw Companies
Loblaw Companies Limited is a Canadian retailer that operates grocery stores, pharmacies and related consumer businesses. Its food retail operations sell fresh food, packaged groceries, household products, general merchandise and apparel through a portfolio of corporate, franchised and independent stores.
The company’s retail banners include Real Canadian Superstore, No Frills, Zehrs, Fortinos, Provigo, Maxi and Atlantic Superstore, while its pharmacy business operates primarily under the Shoppers Drug Mart and Pharmaprix names.
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