Goodfood Market (TSE:FOOD) Shares Down 1.7%

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

Analysts Set New Price Targets

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

Goodfood Market Stock Down 1.7 %

The stock’s fifty day moving average is C$0.29 and its two-hundred day moving average is C$0.29. The company has a debt-to-equity ratio of 346.01, a current ratio of 1.22 and a quick ratio of 0.77. The stock has a market capitalization of C$22.35 million, a P/E ratio of -3.63 and a beta of -0.37.

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.