Reitmans (TSE:RET.A) Stock Price Passes Above 200-Day Moving Average – Here’s What Happened

Reitmans Limited (TSE:RET.AGet Free Report)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.00 and traded as high as C$0.09. Reitmans shares last traded at C$0.08, with a volume of 1,175,306 shares traded.

Reitmans Stock Performance

The firm has a market capitalization of C$3.91 million and a P/E ratio of -0.05. The company has a debt-to-equity ratio of 110.35, a current ratio of 1.34 and a quick ratio of 0.51. The stock’s 50-day moving average price is C$0.08.

About Reitmans

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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.

Further Reading

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