Century Global Commodities (TSE:CNT) Stock Price Down 23.1% – Should You Sell?

Century Global Commodities Co. (TSE:CNT)’s stock price dropped 23.1% during mid-day trading on Tuesday . The company traded as low as C$0.05 and last traded at C$0.05. 319,120 shares changed hands during trading, an increase of 259% from the average daily volume of 88,969 shares. The stock had previously closed at C$0.07.

Century Global Commodities Price Performance

The company has a debt-to-equity ratio of 1.07, a current ratio of 2.75 and a quick ratio of 3.85. The company has a 50-day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.04. The stock has a market capitalization of C$5.91 million, a price-to-earnings ratio of -5.00 and a beta of -0.80.

Century Global Commodities (TSE:CNT) last posted its earnings results on Friday, June 26th. The company reported C($0.01) earnings per share (EPS) for the quarter. The company had revenue of C$3.11 million during the quarter. Century Global Commodities had a negative net margin of 5.29% and a negative return on equity of 4.38%.

Century Global Commodities Company Profile

Century Global Commodities Corp is a diversified company and primarily engaged in exploration and mining activities with assets in the Provinces of Newfoundland and Labrador, and Quebec, Canada. It also has operations in the distribution of food in China. Its segments include the Mining segment, which engages in the exploration and development of mineral projects in Canada and the investment in global mining securities; the Food segment, which engages in the distribution of food and the provision of food service in Hong Kong and Mainland China; and the Corporate segment, which mainly represents the group’s corporate and managerial functions.