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

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

Goodfood Market Stock Down 4.5 %

TSE FOOD opened at C$0.32 on Thursday. The stock has a market cap of C$24.63 million, a PE ratio of -3.56 and a beta of -0.35. Goodfood Market has a fifty-two week low of C$0.21 and a fifty-two week high of C$0.57. The business has a 50 day moving average price of C$0.27 and a two-hundred day moving average price of C$0.30. The company has a quick ratio of 0.77, a current ratio of 1.12 and a debt-to-equity ratio of 346.01.

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.