Reitmans (TSE:RET.A) Shares Cross Below 200-Day Moving Average of $0.00

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Reitmans Limited (TSE:RET.A)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as low as $2.82. Reitmans shares last traded at $2.85, with a volume of 11,386 shares trading hands.

The company has a current ratio of 1.82, a quick ratio of 0.77 and a debt-to-equity ratio of 69.15. The firm has a market cap of $142.44 million and a P/E ratio of -67.98. The business’s 50-day simple moving average is C$2.76.

Reitmans Company Profile (TSE:RET.A)

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.

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