Shares of Tasfoods Limited (ASX:TFL) dropped 3.6% on Friday . The company traded as low as A$0.14 ($0.10) and last traded at A$0.14 ($0.10), approximately 28,102 shares changed hands during mid-day trading. The stock had previously closed at A$0.14 ($0.10).
The company has a debt-to-equity ratio of 18.66, a current ratio of 2.20 and a quick ratio of 1.42. The firm has a market cap of $27.89 million and a price-to-earnings ratio of -15.00.
In other Tasfoods news, insider Roger McBain 645,370 shares of the stock in a transaction on Friday, July 19th.
TasFoods Limited processes, manufactures, and sells Tasmanian-made food products in Australia. The company operates through three segments: Dairy, Poultry, and Corporate and Other segment. It offers poultry meat products under Nichols Poultry, Nichols Ethical Free Range, and Nichols Kitchen brands; and wasabi flowers, leaves, and leaf stalk, as well as fresh wasabi stems and powdered wasabi.
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