Colabor Group Inc (GCL) Insider The Article 6 Marital Trust Cr Sells 1,500,000 Shares
Colabor Group Inc (TSE:GCL) insider The Article 6 Marital Trust Cr sold 1,500,000 shares of the stock in a transaction on Thursday, March 16th. The stock was sold at an average price of C$1.20, for a total transaction of C$1,800,000.00.
Colabor Group Inc (TSE:GCL) traded up 0.83% during trading on Monday, reaching $1.22. 79,123 shares of the company’s stock traded hands. Colabor Group Inc has a 12 month low of $0.67 and a 12 month high of $1.53. The firm has a 50 day moving average price of $1.26 and a 200-day moving average price of $1.16. The firm has a market cap of $124.58 million and a PE ratio of 174.29.
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Separately, TD Securities increased their target price on shares of Colabor Group from C$1.00 to C$1.50 in a research report on Monday, January 23rd.
About Colabor Group
Colabor Group Inc is a Canada-based distributor of food and food-related products. The Company serves foodservice and retail markets. The Company operates through two segments: Distribution and Wholesale. The Distribution Segment includes operating activities, such as Summit Foodservice, which is a distributor and master food wholesaler; Skor Cash & Carry Division, which operates over five Cash & Carry locations in southern Ontario and offers over 12,000 retail and food service products; Colabor Food Distributor, which is a distributor to foodservice and retail customers; Les Pecheries Norref Quebec Inc, which is a fresh fish and seafood products importer and distributor in the province of Quebec, and Lauzon Meats is a distributor of Cargill beef brands.
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