Desjardins Cuts Goodfood Market (TSE:FOOD) Price Target to C$0.05

Goodfood Market (TSE:FOOD) had its target price trimmed by Desjardins from C$0.15 to C$0.05 in a report published on Thursday morning,BayStreet.CA reports.

Goodfood Market Price Performance

Shares of FOOD stock opened at C$0.04 on Thursday. Goodfood Market has a 12 month low of C$0.03 and a 12 month high of C$0.38. The company has a market capitalization of C$3.48 million, a P/E ratio of -0.25 and a beta of 2.04. The stock has a 50 day moving average of C$0.18 and a two-hundred day moving average of C$0.22. The company has a current ratio of 0.30, a quick ratio of 0.77 and a debt-to-equity ratio of -139.69.

Goodfood Market Company Profile

Goodfood (TSX: FOOD) is a leading meal solutions brand in Canada, delivering fresh meals and add-ons that make it easy for customers from across Canada to enjoy delicious meals at home every day. The Goodfood mission is to create experiences that spark joy and help our community live longer on a healthier planet. Goodfood customers have access to uniquely fresh and delicious products, as well as exclusive pricing, made possible by its exceptional culinary team and direct-to-consumer infrastructures and technology.