Roots (TSE:ROOT) Trading Up 1.7% – Should You Buy?

Roots Co. (TSE:ROOTGet Free Report) was up 1.7% on Tuesday . The company traded as high as C$2.34 and last traded at C$2.34. Approximately 4,302 shares were traded during mid-day trading, a decline of 67% from the average daily volume of 12,974 shares. The stock had previously closed at C$2.30.

Roots Stock Performance

The firm has a market capitalization of C$93.84 million, a P/E ratio of 32.42, a price-to-earnings-growth ratio of -0.54 and a beta of 2.42. The company has a 50-day moving average of C$2.39 and a 200-day moving average of C$2.24. The company has a current ratio of 1.31, a quick ratio of 0.25 and a debt-to-equity ratio of 69.31.

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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