National Bank Shares has set a target price of C$1.25 on Good Mood Products (CVE:GDNP – Get Rating) in a research note published Friday, reports BayStreet.CA. The brokerage currently has an outperform rating on the stock.
Separately, Raymond James cut its price target on shares of Good Natured Products from C$1.50 to C$1.00 and set an outperformance rating for the company in a Tuesday, May 3 research note.
Shares of Good Natured Products opened at C$0.45 on Friday. Good Natured Products has a 52 week low of C$0.38 and a 52 week high of C$1.20. The stock has a market cap of C$99.31 million and a price-to-earnings ratio of -8.24. The company has a fifty-day moving average of C$0.53 and a 200-day moving average of C$0.68. The company has a debt ratio of 180.54, a quick ratio of 0.79 and a current ratio of 1.52.
Good Mood Products Company Profile (Get an evaluation)
good natured Products Inc, together with its subsidiaries, designs, produces and distributes bioplastics for use in sustainable product packaging and applications in Canada and the United States. It offers packaging products for baked goods, deli meats and prepared meals, as well as fruits and vegetables; home and office products, including bins and crates, stacking posts for legal desk trays, vertical file racks, self-stacking desk trays, pencil holders, paper clip dispensers, recyclers and waste collectors; stretch wraps and resins for pallets; compostable to-go containers, such as hot cups and lids, plates, to-go boxes, cutlery, soup bowls and lids; and plastic sheet and film products, including roll extruded sheets for thermoformed packaging.
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