Green Organic Dutchman (TSE:TGOD) Shares Down 2.9% – Here’s Why

The Green Organic Dutchman Holdings Ltd. (TSE:TGODGet Free Report) was down 2.9% during mid-day trading on Monday . The stock traded as low as C$0.17 and last traded at C$0.17. Approximately 19,704,275 shares traded hands during trading, an increase of 642% from the average daily volume of 2,656,874 shares. The stock had previously closed at C$0.18.

Green Organic Dutchman Stock Performance

The firm has a market capitalization of C$89.95 million and a P/E ratio of -0.65. The company has a debt-to-equity ratio of 16.77, a current ratio of 1.28 and a quick ratio of 0.50. The stock’s 50-day moving average price is C$0.17.

Green Organic Dutchman Company Profile

(Get Free Report)

The Green Organic Dutchman Holdings Ltd., through its subsidiaries, produces and sells organic cannabis in Canada. It offers organic cannabis products, such as cannabis plants, cannabis plant seeds, dried cannabis, fresh cannabis, cannabis oils, cannabis topicals, cannabis extracts, and edible cannabis to retailers or distributors, and federal licensed entities.

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