Freshlocal Solutions (TSE:LOCL) Shares Down 45.9% – Here’s Why

Shares of Freshlocal Solutions Inc. (TSE:LOCLGet Free Report) traded down 45.9% on Tuesday . The company traded as low as C$0.17 and last traded at C$0.17. 479,947 shares traded hands during mid-day trading, an increase of 790% from the average session volume of 53,933 shares. The stock had previously closed at C$0.31.

Freshlocal Solutions Stock Performance

The company has a market capitalization of C$7.25 million and a PE ratio of -0.22. The company has a 50-day moving average of C$0.16.

Freshlocal Solutions Company Profile

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Freshlocal Solutions Inc provides end-to-end grocery e-commerce solutions. The company operates Food-X Technologies, an end-to-end SaaS-based eGrocery Management Solution, which is designed to meet the needs of large and small grocery retailers. It also engages in the eGrocery business that delivers fresh, local, and organic produce and groceries.

Further Reading

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