GreenSpace Brands (CVE:JTR) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$1.15 and last traded at C$1.24, with a volume of 44375 shares. The stock had previously closed at C$1.19.
Separately, Raymond James raised their price objective on GreenSpace Brands from C$2.25 to C$3.00 and gave the stock a “strong-buy” rating in a research note on Tuesday, February 20th.
GreenSpace Brands (CVE:JTR) last announced its quarterly earnings data on Wednesday, February 14th. The company reported C($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.01 by C($0.02). GreenSpace Brands had a negative return on equity of 6.20% and a negative net margin of 4.80%. The firm had revenue of C$14.27 million during the quarter, compared to analysts’ expectations of C$15.73 million.
GreenSpace Brands Company Profile
GreenSpace Brands Inc develops, markets, and sells natural food products to consumers in Canada. It provides beef and pork products under Life Choices brand; grass fed dairy, such as milk, yogurt, sour cream, butter, and kefir under the Rolling Meadow Dairy brand; pet foods for cats and dogs under the Holistic Choice brand; Kiwi Pure, a grass-fed butter; macaroni and cheese products, and fruit based, nut free bars for kids under the Nudge brand; snacks under the Central Roast brand; organic juices under the Kiju brand; and organic baby and children's food products under the Love Child Organics brand.
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