Reitmans (Canada) Limited Class A Non-voting Shares (RET.A:CA) Declines 5.56% for October 09

Equities Staff  |

It was a tough day for Reitmans (Canada) Limited Class A Non-voting Shares (RET.A:CA) as its stock fell 5.56% to finish the day at $2.21 a share on October 09. That reduces the company’s market cap to 108 million on 35.43 million outstanding shares. Reitmans (Canada) Limited Class A Non-voting Shares is a component of the the S&P/TSX SmallCap Index.

30,246 shares exchanged hands over the course of the day as compared with an average daily volume of n/a over the last 30 days.

Reitmans (Canada) Ltd is an apparel retailer based in Canada. Its main business is the sale of ladies' specialty apparel to consumers through its retail banners such as including Reitmans, which is a women's apparel specialty chain and fashion brand, Penningtons, RW & CO., which offers fashions for both men and women, Addition Elle, Thyme Maternity, which offers a complete line of nursing fashions and accessories and Hyba. These brands are sold at their respective stores located in malls and retail power centers across Canada. The company also offers e-commerce Website shopping for all its banners.. Reitmans (Canada) Limited Class A Non-voting Shares makes its home in Toronto, ON, and currently has CEO Jeremy H. Reitman at the helm.

The past 52 weeks have seen the stock trade in a range between a high of $4.15 and a low of $1.85, and it’s currently sporting a 50-day SMA of $n/a and a 200-day SMA of $n/a. The current P/E ratio stands at n/a, with a P/B ratio of 0.39.

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Reitmans (Canada) Limited Class A Non-voting Shares ($RET.A:CA) is one of the 200 Canadian small-cap stocks that make up the S&P500/TSX SmallCap Index, the widely recognized benchmark for gauging the performance of the Canadian small-cap market. Similar to the Russell 2000 in the United States, the index is market cap-weighted and consists only of smaller companies. To be a part of the index, a company must have a market capitalization between C$100 million and C$1.5 billion with an average share price of C$1 or more.

To get more information on Reitmans (Canada) Limited Class A Non-voting Shares and to follow the company’s latest updates, you can visit the company’s profile page here: RET.A:CA’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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