Goodfood Market (TSE:FOOD) Trading Up 8.5% – Time to Buy?

Goodfood Market Corp. (TSE:FOODGet Free Report)’s share price was up 8.5% during mid-day trading on Wednesday . The company traded as high as C$0.51 and last traded at C$0.51. Approximately 185,800 shares changed hands during mid-day trading, an increase of 49% from the average daily volume of 124,653 shares. The stock had previously closed at C$0.47.

Goodfood Market Stock Performance

The firm’s 50 day moving average is C$0.44 and its 200 day moving average is C$0.34. The company has a debt-to-equity ratio of 346.01, a quick ratio of 0.77 and a current ratio of 1.34. The stock has a market cap of C$36.30 million, a P/E ratio of -9.40 and a beta of -0.34.

Goodfood Market Company Profile

(Get Free Report)

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.

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