Investment analysts at Westhouse Securities cut their target price on shares of Snacktime (LON: SNAK) from $0.77 (50 GBX) to $0.31 (20 GBX) in a note issued to investors on Friday. The firm currently has an “add” rating on the stock.

Snacktime traded down 37.27% on Friday, hitting GBX 6.90. Snacktime has a 52-week low of GBX 8.00 and a 52-week high of GBX 57.00. The stock’s 50-day moving average is currently GBX 23.00.

SnackTime PLC is engaged in the sale and operation of hot drink and snack vending machines, the operation of free on loan vending machines through a franchise division and the production and supply of in-cup drinks and associated equipment.

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