Shares of Cara Operations (TSE:CARA) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$25.86 and last traded at C$27.72, with a volume of 35305 shares trading hands. The stock had previously closed at C$28.41.
About Cara Operations (TSE:CARA)
Cara Operations Limited operates and franchises full service restaurants. It operates through four segments: Corporate Restaurants, Franchise Restaurants, Food Processing and Distribution, and central operations. As of December 31, 2017, the company operated 1,272 restaurants, including 1,221 restaurants in Canada and 51 locations internationally under the Swiss Chalet, Harvey's, St-Hubert, Milestones, Montana's, Kelsey's, East Side Mario's, New York Fries, Prime Pubs, Bier Markt, Landing, Original Joe's, State & Main, Elephant & Castle, Burger's Priest, Pickle Barrel, Taverne Moderne, and The Keg restaurant brands.
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