Freshii (TSE:FRII) Shares Down 0.3%

Freshii Inc (TSE:FRII)’s stock price was down 0.3% on Thursday . The stock traded as low as C$3.01 and last traded at C$3.04, approximately 3,547 shares traded hands during trading. A decline of 92% from the average daily volume of 44,149 shares. The stock had previously closed at C$3.05.

Several equities analysts have weighed in on FRII shares. Cormark lowered their target price on Freshii from C$2.75 to C$2.50 in a research note on Thursday, August 15th. CIBC raised Freshii from an “underperform” rating to a “neutral” rating and lifted their target price for the company from C$2.00 to C$2.75 in a research note on Thursday, August 15th.

The firm has a market cap of $94.68 million and a P/E ratio of -212.14. The company has a 50 day moving average of C$3.05 and a 200 day moving average of C$2.50. The company has a debt-to-equity ratio of 24.74, a quick ratio of 4.90 and a current ratio of 5.04.

About Freshii (TSE:FRII)

Freshii Inc, together with its subsidiaries, develops, franchises, and operates quick-serve restaurants in Canada, the United States, and internationally. Its restaurants offer salads, bowls, burritos, wraps, soups, juices, smoothies, frozen yogurt, drinks, snacks, breakfast, and products for kids. As of February 21, 2019, the company operated 439 restaurants in 16 countries worldwide.

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