Canaccord Genuity Group Trims Else Nutrition (CVE:BABY) Target Price to C$0.45

Else Nutrition (CVE:BABY) had its target price decreased by Canaccord Genuity Group from C$0.55 to C$0.45 in a research note published on Wednesday morning, BayStreet.CA reports. Canaccord Genuity Group currently has a hold rating on the stock.

Else Nutrition Price Performance

Shares of Else Nutrition stock opened at C$1.17 on Wednesday. The company has a current ratio of 7.00, a quick ratio of 5.20 and a debt-to-equity ratio of 10.23. Else Nutrition has a 12 month low of C$1.06 and a 12 month high of C$4.50. The stock has a 50 day moving average of C$1.17 and a 200 day moving average of C$1.17. The firm has a market cap of C$121.91 million and a PE ratio of -6.16.

Else Nutrition Company Profile

Else Nutrition Holdings Inc focuses on the research, development, manufacturing, marketing, and sale of plant-based food and nutrition products to the infant, toddler, children, and adult markets. It offers baby snacks under the HEART brand; baby feeding accessories, such as feeding bottles and disposable sterile nipples (teats); baby formulas; and nutritional drinks, as well as dried food snacks.