Pi Financial Cuts good natured Products (CVE:GDNP) Price Target to C$1.00

good natured Products (CVE:GDNPGet Rating) had its price target dropped by equities researchers at Pi Financial from C$1.50 to C$1.00 in a report issued on Wednesday, BayStreet.CA reports. Pi Financial’s price objective points to a potential upside of 316.67% from the company’s current price.

GDNP has been the topic of several other reports. National Bankshares decreased their price target on good natured Products from C$1.25 to C$0.75 and set an “outperform” rating on the stock in a research report on Wednesday, November 16th. Raymond James decreased their price target on good natured Products from C$1.00 to C$0.50 and set a “market perform” rating on the stock in a research report on Wednesday, November 2nd.

good natured Products Trading Down 2.0 %

Shares of good natured Products stock opened at C$0.24 on Wednesday. good natured Products has a 52-week low of C$0.23 and a 52-week high of C$0.98. The stock’s 50-day simple moving average is C$0.30 and its 200 day simple moving average is C$0.36. The stock has a market capitalization of C$53.57 million and a P/E ratio of -4.39. The company has a debt-to-equity ratio of 196.56, a quick ratio of 0.50 and a current ratio of 0.79.

good natured Products Company Profile

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good natured Products Inc, together with its subsidiaries, designs, produces, and distributes bioplastics for use in packaging and durable product applications in Canada and the United States. It offers packaging products for baked goods, deli and prepared meals, and fruits and veggies; home and business products, including bins, totes and crates, and food storage and bin liners; pallet stretch wraps, rollstocks, and resins; compostable take out containers, such as hot cups and lids, plates, carry out boxes, cutlery, and soup bowls and lids; and plastic sheet and film products, including extruded roll stock sheets for thermoformed packaging.

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