Goodfood Market (TSE:FOOD) Trading Down 2.5% – Here’s What Happened

Shares of Goodfood Market Corp. (TSE:FOOD) fell 2.5% during mid-day trading on Thursday . The company traded as low as C$0.20 and last traded at C$0.20. 3,708 shares changed hands during 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 stock has a market cap of C$20.26 million, a PE ratio of -2.05 and a beta of 1.76. The company has a debt-to-equity ratio of -197.23, a quick ratio of 0.77 and a current ratio of 1.12. The stock has a fifty day moving average price of C$0.25 and a 200 day moving average price of C$0.27.

Goodfood Market (TSE:FOOD) last released its quarterly earnings results on Tuesday, January 20th. The company reported C($0.03) earnings per share for the quarter. The company had revenue of C$27.54 million for the quarter. Goodfood Market had a negative net margin of 7.90% and a positive return on equity of 32.72%. Equities analysts expect that Goodfood Market Corp. will post -0.24 EPS for the current year.

Goodfood Market Company Profile

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.