Green Organic Dutchman Holdings Ltd (TSE:TGOD)’s stock price rose 5.4% during trading on Friday . The company traded as high as C$1.22 and last traded at C$1.17, approximately 1,296,820 shares were traded during trading. A decline of 57% from the average daily volume of 3,015,668 shares. The stock had previously closed at C$1.11.
Separately, Jefferies Financial Group dropped their price objective on shares of Green Organic Dutchman from C$6.50 to C$2.40 in a report on Friday.
The company has a quick ratio of 2.65, a current ratio of 4.66 and a debt-to-equity ratio of 0.60. The business’s fifty day moving average is C$2.56 and its 200 day moving average is C$3.40. The firm has a market capitalization of $327.78 million and a price-to-earnings ratio of -5.29.
The Green Organic Dutchman Holdings Ltd., through its subsidiary, The Green Organic Dutchman Ltd., operates as a cannabinoid-based research and development company in Canada. It produces organic cannabis products, including organic dried cannabis, cannabis oils and edibles, fresh cannabis, and seeds for medical applications.
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