Jefferies Financial Group Lowers Green Organic Dutchman (TSE:TGOD) Price Target to C$2.40

Green Organic Dutchman (TSE:TGOD) had its price objective lowered by Jefferies Financial Group from C$6.50 to C$2.40 in a report released on Friday, BayStreet.CA reports. Jefferies Financial Group’s target price points to a potential upside of 101.68% from the company’s previous close.

TSE:TGOD traded up C$0.08 during trading hours on Friday, reaching C$1.19. The company’s stock had a trading volume of 5,268,678 shares, compared to its average volume of 3,039,301. The company has a market capitalization of $542.63 million and a P/E ratio of -5.29. Green Organic Dutchman has a 12 month low of C$1.09 and a 12 month high of C$6.08. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.65 and a current ratio of 4.66. The stock has a 50 day moving average price of C$2.61 and a two-hundred day moving average price of C$3.42.

Green Organic Dutchman Company Profile

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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