Key Points
- Insider purchases: Director John Khabbaz bought 50,000 shares on Dec. 24 at an average price of C$0.34 (C$17,000) after acquiring 100,000 shares on Dec. 23 at C$0.32, bringing his direct ownership to 7,950,000 shares (a 0.63% increase).
- Stock snapshot: Shares opened at C$0.30 with 50/200-day moving averages of C$0.29/C$0.26, a market cap of C$29.65M, a negative EPS and P/E of -3.33, and a 12‑month range of C$0.14–C$0.53.
- Analyst view: Desjardins lowered its target from C$0.30 to C$0.25 and rated the stock "hold," while the consensus on MarketBeat is a Hold with an average target of C$0.23.
Goodfood Market Corp. (TSE:FOOD - Get Free Report) Director John Khabbaz purchased 50,000 shares of Goodfood Market stock in a transaction dated Wednesday, December 24th. The shares were acquired at an average cost of C$0.34 per share, with a total value of C$17,000.00. Following the transaction, the director directly owned 7,950,000 shares in the company, valued at approximately C$2,703,000. The trade was a 0.63% increase in their ownership of the stock.
John Khabbaz also recently made the following trade(s):
- On Tuesday, December 23rd, John Khabbaz acquired 100,000 shares of Goodfood Market stock. The stock was acquired at an average cost of C$0.32 per share, for a total transaction of C$32,000.00.
Goodfood Market Stock Performance
Shares of TSE FOOD opened at C$0.30 on Friday. The firm has a 50 day moving average of C$0.29 and a 200 day moving average of C$0.26. The company has a current ratio of 0.98, a quick ratio of 0.77 and a debt-to-equity ratio of -212.01. The firm has a market capitalization of C$29.65 million, a price-to-earnings ratio of -3.33 and a beta of 1.98. Goodfood Market Corp. has a 12-month low of C$0.14 and a 12-month high of C$0.53.
Goodfood Market (TSE:FOOD - Get Free Report) last announced its earnings results on Tuesday, January 20th. The company reported C($0.03) EPS for the quarter. Goodfood Market had a negative net margin of 2.14% and a positive return on equity of 12.53%. The business had revenue of C$27.54 million for the quarter. On average, research analysts anticipate that Goodfood Market Corp. will post -0.24 earnings per share for the current year.
Analyst Upgrades and Downgrades
Separately, Desjardins decreased their target price on Goodfood Market from C$0.30 to C$0.25 and set a "hold" rating on the stock in a report on Friday, November 28th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of C$0.23.
Check Out Our Latest Analysis on Goodfood Market
Goodfood Market Company Profile
(
Get Free Report)
Goodfood is a leading online grocery company in Canada, delivering fresh meal solutions and groceries that make it easy for members to enjoy delicious meals at home every day. Goodfood's mission is to make the impossible come true, from farm to kitchen, by enabling members to complete their weekly meal planning and grocery shopping in minutes. Goodfood members have access to a unique selection of products and exclusive pricing made possible by its world class direct-to-consumer fulfilment ecosystem that eliminates waste and retail overhead.
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