Insider Selling: Reitmans Limited (TSE:RET) Senior Officer Sells C$50,000.00 in Stock

Reitmans Limited (TSE:RET) Senior Officer Richard Wait sold 20,000 shares of the company’s stock in a transaction dated Friday, September 27th. The shares were sold at an average price of C$2.50, for a total value of C$50,000.00.

Richard Wait also recently made the following trade(s):

• On Monday, September 30th, Richard Wait sold 10,000 shares of Reitmans stock. The stock was sold at an average price of C$2.54, for a total value of C$25,400.00.
• On Tuesday, July 23rd, Richard Wait sold 23,800 shares of Reitmans stock. The shares were sold at an average price of C$2.30, for a total transaction of C$54,740.00.

Reitmans Price Performance

The company has a market capitalization of C$13.19 million and a price-to-earnings ratio of -0.09. Reitmans Limited has a 12 month low of C$0.18 and a 12 month high of C$3.15. The company has a debt-to-equity ratio of 188.87, a quick ratio of 0.26 and a current ratio of 1.10. The business’s 50 day moving average is C$0.27.

About Reitmans

Reitmans (Canada) Limited primarily engages in the retail of women's wearing apparel in Canada. Its products include shirts, blouses, pants, dresses, skirts, sweaters, outerwear, activewear, lingerie, and accessories. The company also offers apparel for men. It serves customers through retail and e-commerce channels, under the Reitmans, Addition Elle, Penningtons, RW & CO., Thyme Maternity, and Hyba brand names.