CGI Stock Price Declines to 52-Week Low
CGI, a technology firm, has reached a new 52-week low following a recent analyst downgrade. The company’s stock price closed at 131.15 CAD on the Toronto Stock Exchange.
Key Statistics
- Closing stock price: 131.15 CAD
- 52-week high: 175.35 CAD
- Price-to-earnings ratio: 17.655
- Price-to-book ratio: 2.909
Price Movement
The current stock price represents a 25.4% decrease from the 52-week high, indicating significant volatility in the stock. The decline in stock price is attributed to the recent analyst downgrade.
Financial Metrics
The price-to-earnings and price-to-book ratios suggest a relatively high valuation of the company.