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Colabor Group shares crashed 58.7% on Saturday amid massive trading volume, with no clear explanation.
Colabor Group (TSE:GCL) shares plunged 58.7% on Saturday, hitting a low of C$0.13 and closing at C$0.26, down from C$0.63, amid a 4,566% spike in trading volume to 5.6 million shares.
The Canadian food distributor, with a market cap of C$26.52 million, has a debt-to-equity ratio of 153.61 and a negative P/E ratio of -6.50.
Despite a consensus “Buy” rating and a C$1.50 target price, no clear reason for the drop was provided.
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Las acciones de Colabor Group se desplomaron un 58.7% el sábado en medio de un volumen masivo de operaciones, sin una explicación clara.