good natured Products (CVE:GDNP) Stock Price Down 4%

Posted by on Apr 12th, 2023

good natured Products Inc. (CVE:GDNP – Get Rating)’s stock price was down 4% during trading on Tuesday . The stock traded as low as C$0.24 and last traded at C$0.24. Approximately 25,228 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 83,104 shares. The stock had previously closed at C$0.25.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group lowered shares of good natured Products from a “speculative buy” rating to a “hold” rating and lowered their price objective for the stock from C$0.75 to C$0.25 in a research report on Thursday, January 5th.

good natured Products Price Performance

The firm has a fifty day simple moving average of C$0.24 and a two-hundred day simple moving average of C$0.26. The firm has a market cap of C$53.57 million, a PE ratio of -6.00, a PEG ratio of 204.00 and a beta of 1.88. The company has a debt-to-equity ratio of 231.68, a quick ratio of 1.04 and a current ratio of 1.74.

About good natured Products

(Get Rating)

good natured Products Inc, together with its subsidiaries, designs, produces, and distributes bioplastics for use in packaging and durable product applications in Canada and the United States. It offers packaging products for baked goods, deli and prepared meals, and fruits and veggies; home and business products, including bins, totes and crates, and food storage and bin liners; pallet stretch wraps, rollstocks, and resins; compostable take out containers, such as hot cups and lids, plates, carry out boxes, cutlery, and soup bowls and lids; and plastic sheet and film products, including extruded roll stock sheets for thermoformed packaging.

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