Roots (TSE:ROOT) Stock Price Down 1.7% – Time to Sell?

Roots Co. (TSE:ROOTGet Free Report)’s stock price fell 1.7% during trading on Tuesday . The stock traded as low as C$2.31 and last traded at C$2.36. 23,700 shares changed hands during mid-day trading, an increase of 81% from the average session volume of 13,079 shares. The stock had previously closed at C$2.40.

Roots Trading Up 1.3 %

The company has a market cap of C$96.67 million, a price-to-earnings ratio of 33.40, a PEG ratio of -0.54 and a beta of 2.42. The company has a current ratio of 1.31, a quick ratio of 0.25 and a debt-to-equity ratio of 69.31. The business’s 50 day moving average price is C$2.42 and its 200-day moving average price is C$2.22.

About Roots

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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.

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