Goodfood Market (TSE:FOOD) Trading Up 3.6%

Shares of Goodfood Market Corp. (TSE:FOOD) were up 3.6% during trading on Thursday . The stock traded as high as C$0.30 and last traded at C$0.29. Approximately 29,313 shares changed hands during trading, a decline of 27% from the average daily volume of 40,293 shares. The stock had previously closed at C$0.28.

Wall Street Analyst Weigh In

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

Goodfood Market Stock Performance

The firm has a market cap of C$21.96 million, a P/E ratio of -3.56 and a beta of -0.37. The company has a current ratio of 1.22, a quick ratio of 0.77 and a debt-to-equity ratio of 346.01. The business’s fifty day simple moving average is C$0.30 and its 200-day simple moving average is C$0.28.

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.