Colliers International Group (TSE:CIGI) Stock Price Passes Below 50 Day Moving Average – Here’s What Happened

Colliers International Group Inc. (TSE:CIGI) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$202.26 and traded as low as C$196.00. Colliers International Group shares last traded at C$199.25, with a volume of 34,729 shares changing hands.

Analyst Ratings Changes

Separately, Stifel Nicolaus increased their price target on Colliers International Group from C$160.00 to C$180.00 in a research note on Thursday, October 31st.

Colliers International Group Trading Up 1.2 %

The company has a market capitalization of C$10.02 billion, a P/E ratio of 49.08, a PEG ratio of 0.48 and a beta of 1.66. The business has a 50 day moving average price of C$202.26 and a 200 day moving average price of C$193.14. The company has a current ratio of 1.03, a quick ratio of 0.58 and a debt-to-equity ratio of 85.02.

About Colliers International Group

Colliers International Group Inc is a real estate services and investment management company. The company has operations in over 60 countries to provide expert advice and services to maximize the value of the property for real estate occupiers, owners, and investors. It offers services to the investor, developers, and occupiers which includes source capital solutions, services for commercial and residential property developers, on a local, regional, national and international basis, Infrastructure consulting, Design and Build, and Market research.