Colliers International Group (TSE:CIGI) Shares Cross Below Fifty Day Moving Average – Time to Sell?

Colliers International Group Inc. (TSE:CIGI)’s share price crossed below its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of C$129.84 and traded as low as C$126.22. Colliers International Group shares last traded at C$126.46, with a volume of 189,824 shares changing hands.

Colliers International Group Price Performance

The company has a quick ratio of 0.58, a current ratio of 1.18 and a debt-to-equity ratio of 202.60. The company has a fifty day simple moving average of C$129.84 and a two-hundred day simple moving average of C$142.31. The company has a market cap of C$6.46 billion, a price-to-earnings ratio of 89.06, a price-to-earnings-growth ratio of 0.48 and a beta of 1.25.

Colliers International Group (TSE:CIGI) last posted its earnings results on Wednesday, November 4th. The company reported C$2.81 earnings per share (EPS) for the quarter. Colliers International Group had a return on equity of 4.76% and a net margin of 1.20%. The firm had revenue of C$2.33 billion for the quarter. On average, equities research analysts anticipate that Colliers International Group Inc. will post 9.46 earnings per share for the current fiscal year.

About Colliers International Group

Colliers (NASDAQ, TSX: CIGI) is a global diversified professional services and investment management company operating through three industry leading businesses: Commercial Real Estate, Engineering, and Investment Management. With greater than a 30-year track record of consistent growth and strong recurring cash flows, we scale complementary, high-value businesses that provide essential services across the full asset lifecycle. Our unique partnership philosophy empowers exceptional leaders, preserves our entrepreneurial culture, and ensures meaningful inside ownership – driving strong alignment and sustained value creation for our shareholders.