New Look Vision Group (TSE:BCI) Stock Crosses Below Fifty Day Moving Average of $32.36

New Look Vision Group Inc (TSE:BCI)’s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $32.36 and traded as low as $31.85. New Look Vision Group shares last traded at $32.18, with a volume of 1,300 shares changing hands.

Separately, National Bank Financial upped their price objective on New Look Vision Group from C$36.00 to C$40.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 8th.

The stock has a market cap of $496.42 million and a P/E ratio of 29.82. The company has a quick ratio of 0.42, a current ratio of 1.16 and a debt-to-equity ratio of 99.09. The business has a 50 day moving average price of C$32.36 and a two-hundred day moving average price of C$32.68.

New Look Vision Group Company Profile (TSE:BCI)

New Look Vision Group Inc provides eye care products and services in Canada. The company offers prescription eyewear and non-prescription eyewear; contact lenses; sunglasses, protective eyewear, and reading glasses; and accessories, such as cleaning products for eyeglasses and contact lenses. As of March 18, 2019, it operated a network of 373 stores, including 204 stores in Quebec, 47 stores in British Columbia, 37 stores in Ontario, 25 stores in New Brunswick, 22 stores in Nova Scotia, 13 stores in Newfoundland & Labrador, 7 stores in Prince Edward Island, and 2 stores in Saskatchewan primarily under the New Look Eyewear, Vogue Optical, Greiche & Scaff, and Iris banners.

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