Goodfood Market (TSE:FOOD) Stock Price Down 1.7%

Goodfood Market Corp. (TSE:FOOD)’s stock price was down 1.7% on Thursday . The company traded as low as C$0.29 and last traded at C$0.29. Approximately 6,914 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 38,117 shares. The stock had previously closed at C$0.30.

Wall Street Analyst Weigh In

Separately, Desjardins upped their target price on shares of Goodfood Market from C$0.65 to C$0.75 and gave the stock a “hold” rating in a research report on Thursday, April 18th.

Goodfood Market Stock Down 3.4 %

The company’s 50-day moving average is C$0.29 and its 200 day moving average is C$0.29. The company has a market capitalization of C$21.58 million, a PE ratio of -3.50 and a beta of -0.37. The company has a debt-to-equity ratio of 346.01, a quick ratio of 0.77 and a current ratio of 1.22.

Goodfood Market Company Profile

Goodfood Market Corp., an online grocery company, delivers fresh meals and add-ons in Canada. It offers ready-to-eat and ready-to-cook products, which include meal solutions, bakery, dessert, meat and seafood, drinks, pantry, produce, snacks, dairy, frozen, and kitchen essentials. Goodfood Market Corp.