Groupe BMTC (TSE:GBT) Trading Down 1.6%

Groupe BMTC Inc (TSE:GBT) traded down 1.6% during mid-day trading on Thursday . The stock traded as low as C$10.80 and last traded at C$10.80, 4,250 shares were traded during trading. An increase of 15% from the average session volume of 3,697 shares. The stock had previously closed at C$10.98.

Separately, BMO Capital Markets decreased their target price on shares of Groupe BMTC from C$15.00 to C$14.00 and set a “market perform” rating on the stock in a research report on Thursday, June 20th.

The company has a current ratio of 0.88, a quick ratio of 0.21 and a debt-to-equity ratio of 14.15. The company has a market capitalization of $367.90 million and a PE ratio of 10.14. The stock’s 50-day moving average is C$11.28 and its two-hundred day moving average is C$13.48.

Groupe BMTC (TSE:GBT) last posted its quarterly earnings data on Thursday, June 13th. The company reported C($0.11) earnings per share for the quarter. The company had revenue of C$149.67 million for the quarter. On average, equities research analysts forecast that Groupe BMTC Inc will post 1.06 EPS for the current fiscal year.

About Groupe BMTC (TSE:GBT)

BMTC Group Inc, through its subsidiary, Ameublements Tanguay Inc, manages and operates a retail network of furniture, household appliances, and electronic products in Canada. The company operates through two divisions, Brault & Martineau and EconoMax. It operates retail outlets in 34 locations in Quebec province.

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