Green Organic Dutchman (TSE:TGOD) Stock Price Up 9.2%
Green Organic Dutchman Holdings Ltd (TSE:TGOD)’s stock price rose 9.2% during trading on Tuesday . The stock traded as high as C$0.73 and last traded at C$0.71, approximately 3,399,059 shares changed hands during trading. An increase of 12% from the average daily volume of 3,044,038 shares. The stock had previously closed at C$0.65.
Separately, Jefferies Financial Group reduced their price objective on shares of Green Organic Dutchman from C$6.50 to C$2.40 in a research report on Friday, October 11th.
The company has a market capitalization of $187.30 million and a PE ratio of -2.86. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.55 and a current ratio of 1.35. The stock’s 50 day moving average is C$1.25 and its 200 day moving average is C$2.79.
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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