Green Organic Dutchman Holdings Ltd (TSE:TGOD)’s share price dropped 7.8% during trading on Monday . The stock traded as low as C$3.33 and last traded at C$3.44. Approximately 1,111,887 shares changed hands during mid-day trading, a decline of 50% from the average daily volume of 2,204,789 shares. The stock had previously closed at C$3.73.
Separately, Canaccord Genuity reaffirmed a “speculative buy” rating and set a C$7.00 price target on shares of Green Organic Dutchman in a report on Wednesday, October 24th.
Green Organic Dutchman Company Profile (TSE:TGOD)
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.
Further Reading: Price to Earnings Ratio (PE), For Valuing Stocks
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