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

Shares of 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 changing hands. The stock had previously closed at C$7.49.

Wall Street Analysts Forecast Growth

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

Get Our Latest Report on Chesswood Group

Chesswood Group Price Performance

The company has a quick ratio of 38.05, a current ratio of 44.92 and a debt-to-equity ratio of 1,047.24. The firm’s 50 day simple moving average is C$7.35 and its 200 day simple moving average is C$7.82. The company has a market capitalization of C$69.45 million, a PE ratio of -1.76 and a beta of 2.15.

Chesswood Group (TSE:CHWGet Free Report) last posted its quarterly earnings data on Wednesday, May 8th. The company reported C($0.25) EPS for the quarter, missing the consensus estimate of C($0.05) by C($0.20). The firm had revenue of C$68.80 million for the quarter, compared to analysts’ expectations of C$71.90 million. Chesswood Group had a negative return on equity of 15.79% and a negative net margin of 38.49%. As a group, research analysts anticipate 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

Receive News & Ratings for Chesswood Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chesswood Group and related companies with's FREE daily email newsletter.