Reitmans (TSE:RET.A) Shares Pass Below Two Hundred Day Moving Average of $2.69

Shares of Reitmans Limited (TSE:RET.A) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $2.69 and traded as low as $1.77. Reitmans shares last traded at $1.77, with a volume of 6,792 shares.

The company has a debt-to-equity ratio of 76.53, a quick ratio of 0.53 and a current ratio of 1.48. The stock’s fifty day moving average is C$2.21 and its two-hundred day moving average is C$2.69. The firm has a market cap of $62.71 million and a price-to-earnings ratio of -8.81.

About Reitmans (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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