Goodfood Market (TSE:FOOD) Price Target Raised to C$0.75 at Desjardins

Goodfood Market (TSE:FOOD) had its target price upped by Desjardins from C$0.65 to C$0.75 in a research note issued to investors on Thursday morning, BayStreet.CA reports. The brokerage currently has a hold rating on the stock.

Goodfood Market Trading Down 4.5 %

TSE:FOOD opened at C$0.32 on Thursday. Goodfood Market has a 1-year low of C$0.21 and a 1-year high of C$0.57. The business’s 50-day moving average price is C$0.27 and its two-hundred day moving average price is C$0.30. The company has a current ratio of 1.12, a quick ratio of 0.77 and a debt-to-equity ratio of 346.01. The firm has a market capitalization of C$24.63 million, a price-to-earnings ratio of -3.56 and a beta of -0.35.

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.