Goodfood Market (TSE:FOOD) Stock Price Down 1.6%

Shares of Goodfood Market Corp. (TSE:FOOD) were down 1.6% during trading on Thursday . The company traded as low as C$0.30 and last traded at C$0.30. Approximately 17,841 shares changed hands during trading, a decline of 55% from the average daily volume of 39,880 shares. The stock had previously closed at C$0.31.

Wall Street Analysts Forecast Growth

Separately, Desjardins lifted 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 note on Thursday, April 18th.

Goodfood Market Stock Performance

The firm’s 50 day moving average is C$0.30 and its two-hundred day moving average is C$0.29. The stock has a market capitalization of C$23.12 million, a PE ratio of -3.75 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.

About Goodfood Market

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.