Colliers International Group (TSE:CIGI) Shares Down 0.5% – Time to Sell?

Colliers International Group Inc. (TSE:CIGI)’s stock price dropped 0.5% during trading on Tuesday . The stock traded as low as C$193.99 and last traded at C$195.32. Approximately 27,629 shares changed hands during mid-day trading, a decline of 13% from the average daily volume of 31,715 shares. The stock had previously closed at C$196.27.

Analyst Upgrades and Downgrades

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

Colliers International Group Stock Performance

The company has a current ratio of 1.03, a quick ratio of 0.58 and a debt-to-equity ratio of 85.02. The firm’s fifty day moving average price is C$204.95 and its 200-day moving average price is C$191.23. The firm has a market cap of C$9.75 billion, a price-to-earnings ratio of 47.74, a PEG ratio of 0.48 and a beta of 1.66.

About Colliers International Group

Colliers International Group Inc provides commercial real estate professional and investment management services to corporate and institutional clients in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers outsourcing and advisory services, such as engineering and project management, property management, valuation, and other services, as well as loan servicing for commercial real estate clients.