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

Roots Co. (TSE:ROOT) shares shot up 1.7% during mid-day trading on Friday . The stock traded as high as C$2.46 and last traded at C$2.44. 1,390 shares changed hands during trading, a decline of 92% from the average session volume of 17,691 shares. The stock had previously closed at C$2.40.

Roots Trading Up 1.7 %

The company has a debt-to-equity ratio of 65.71, a quick ratio of 0.25 and a current ratio of 1.11. The company has a market capitalization of C$98.21 million, a PE ratio of 244.00, a PEG ratio of -0.54 and a beta of 2.42. The stock has a fifty day moving average of C$2.20 and a 200 day moving average of C$2.13.

Roots Company Profile

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.