Insider Selling: Reitmans Limited (TSE:RET) Senior Officer Sells C$75,000.00 in Stock

Reitmans Limited (TSE:RET) Senior Officer Richard Wait sold 30,000 shares of the company’s stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of C$2.50, for a total transaction of C$75,000.00.

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

• On Friday, November 1st, Richard Wait sold 24,600 shares of Reitmans stock. The shares were sold at an average price of C$2.66, for a total transaction of C$65,436.00.
• On Wednesday, October 30th, Richard Wait sold 10,100 shares of Reitmans stock. The stock was sold at an average price of C$2.68, for a total transaction of C$27,068.00.

Reitmans Stock Performance

The firm has a market capitalization of C$13.19 million and a P/E 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 stock’s fifty day simple moving average is C$0.27. The company has a debt-to-equity ratio of 188.87, a current ratio of 1.10 and a quick ratio of 0.26.

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.