Goodfood Market (TSE:FOOD) Price Target Cut to C$0.60 by Analysts at Desjardins

Goodfood Market (TSE:FOOD) had its target price decreased by Desjardins from C$0.65 to C$0.60 in a report released on Thursday,BayStreet.CA reports. Desjardins currently has a hold rating on the stock.

Goodfood Market Price Performance

Shares of TSE FOOD opened at C$0.47 on Thursday. Goodfood Market has a fifty-two week low of C$0.20 and a fifty-two week high of C$0.54. The business has a 50 day moving average price of C$0.44 and a two-hundred day moving average price of C$0.35. The company has a quick ratio of 0.77, a current ratio of 1.34 and a debt-to-equity ratio of 346.01. The firm has a market cap of C$35.91 million, a PE ratio of -9.30 and a beta of -0.34.

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.