Tasfoods (ASX:TFL) Shares Down 3.6%

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Tasfoods Limited (ASX:TFL)’s share price traded down 3.6% during trading on Monday . The stock traded as low as A$0.13 ($0.09) and last traded at A$0.14 ($0.10), 44,111 shares traded hands during mid-day trading. The stock had previously closed at A$0.14 ($0.10).

The business has a fifty day simple moving average of A$0.14. The company has a market capitalization of $36.89 million and a price-to-earnings ratio of -15.00. The company has a debt-to-equity ratio of 18.66, a current ratio of 2.20 and a quick ratio of 1.42.

About Tasfoods (ASX:TFL)

TasFoods Limited processes, manufactures, and sells Tasmanian-made food products in Australia. The company operates through three segments: Dairy, Poultry, and Corporate and Other segment. It offers poultry meat products under Nichols Poultry, Nichols Ethical Free Range, and Nichols Kitchen brands; and wasabi flowers, leaves, and leaf stalk, as well as fresh wasabi stems and powdered wasabi.

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