Chesswood Group (TSE:CHW) Hits New 1-Year Low at $4.80

Chesswood Group Limited (TSE:CHWGet Free Report) reached a new 52-week low on Monday . The company traded as low as C$4.80 and last traded at C$4.90, with a volume of 51744 shares. The stock had previously closed at C$7.49.

Wall Street Analysts Forecast Growth

Separately, Raymond James upgraded Chesswood Group from an “underperform” rating to a “market perform” rating and increased their price target for the stock from C$5.00 to C$7.00 in a report on Monday, May 13th.

Check Out Our Latest Stock Analysis on CHW

Chesswood Group Trading Down 49.9 %

The firm has a market capitalization of C$69.45 million, a PE ratio of -1.76 and a beta of 2.15. The company has a current ratio of 44.92, a quick ratio of 38.05 and a debt-to-equity ratio of 1,047.24. The business has a fifty day moving average price of C$7.35 and a two-hundred day moving average price of C$7.82.

Chesswood Group (TSE:CHWGet Free Report) last posted its earnings results on Wednesday, May 8th. The company reported C($0.25) earnings per share (EPS) for the quarter, missing the consensus estimate of C($0.05) by C($0.20). Chesswood Group had a negative return on equity of 15.79% and a negative net margin of 38.49%. The firm had revenue of C$68.80 million for the quarter, compared to analyst estimates of C$71.90 million. Analysts expect that Chesswood Group Limited will post 1.1459969 EPS for the current fiscal year.

About Chesswood Group

(Get Free Report)

Chesswood Group Limited operates primarily in the specialty finance industry in North America. The company offers micro and small-ticket commercial equipment financing and origination to small and medium-sized businesses through the third-party broker and equipment vendor channels; and commercial equipment financing and loans to small and medium-sized businesses.

Further Reading

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