Reitmans (TSE:RET) Stock Price Down 3.6% – What’s Next?

Reitmans Limited (TSE:RET)’s stock price fell 3.6% during trading on Monday . The company traded as low as C$0.25 and last traded at C$0.27. 22,200 shares changed hands during trading, a decline of 9% from the average session volume of 24,407 shares. The stock had previously closed at C$0.28.

Reitmans Trading Down 3.6 %

The stock has a market cap of C$13.19 million and a P/E ratio of -0.09. The company has a debt-to-equity ratio of 188.87, a current ratio of 1.10 and a quick ratio of 0.26. The business has a fifty day moving average of C$0.27.

Insider Activity

In other news, Senior Officer Richard Wait sold 10,000 shares of the stock in a transaction on Monday, September 30th. The stock was sold at an average price of C$2.54, for a total transaction of C$25,400.00. Also, Senior Officer Alain Murad sold 17,000 shares of Reitmans stock in a transaction on Wednesday, September 25th. The stock was sold at an average price of C$2.56, for a total value of C$43,579.50. Insiders have sold a total of 81,700 shares of company stock valued at $211,484 over the last ninety days.

Reitmans Company Profile

Reitmans (Canada) Limited primarily engages in the retail of women's wearing apparel in Canada. Its products include shirts, blouses, pants, dresses, skirts, sweaters, outerwear, activewear, lingerie, and accessories. The company also offers apparel for men. It serves customers through retail and e-commerce channels, under the Reitmans, Addition Elle, Penningtons, RW & CO., Thyme Maternity, and Hyba brand names.