Goodfood Market (TSE:FOOD) Stock Price Down 2.5% – Here’s Why

Shares of Goodfood Market Corp. (TSE:FOOD) fell 2.5% on Thursday . The company traded as low as C$0.20 and last traded at C$0.20. 3,708 shares were traded during mid-day trading, a decline of 96% from the average session volume of 95,609 shares. The stock had previously closed at C$0.20.

Goodfood Market Trading Up 2.5%

The company has a market cap of C$20.26 million, a PE ratio of -2.05 and a beta of 1.76. The stock’s 50 day moving average is C$0.25 and its 200-day moving average is C$0.27. The company has a quick ratio of 0.77, a current ratio of 1.12 and a debt-to-equity ratio of -197.23.

Goodfood Market (TSE:FOOD) last issued its quarterly earnings data on Tuesday, January 20th. The company reported C($0.03) EPS for the quarter. Goodfood Market had a positive return on equity of 32.72% and a negative net margin of 7.90%.The business had revenue of C$27.54 million during the quarter. As a group, sell-side analysts anticipate that Goodfood Market Corp. will post -0.24 EPS for the current year.

About Goodfood Market

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.