Desjardins Has Lowered Expectations for Goodfood Market (TSE:FOOD) Stock Price

Goodfood Market (TSE:FOOD) had its price objective lowered by Desjardins from C$0.65 to C$0.60 in a report issued on Thursday morning,BayStreet.CA reports. The firm currently has a hold rating on the stock.

Goodfood Market Price Performance

Shares of TSE FOOD opened at C$0.44 on Thursday. The company has a debt-to-equity ratio of 346.01, a current ratio of 1.34 and a quick ratio of 0.77. The firm has a market capitalization of C$33.98 million, a PE ratio of -8.80 and a beta of -0.34. Goodfood Market has a 1-year low of C$0.20 and a 1-year high of C$0.54. The business’s fifty day moving average price is C$0.44 and its two-hundred day moving average price is C$0.35.

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.