Freshii (FRII) Trading Up 4.5%

Freshii Inc (TSE:FRII)’s share price was up 4.5% during mid-day trading on Thursday . The stock traded as high as C$7.17 and last traded at C$7.14. Approximately 14,736 shares were traded during trading, a decline of 78% from the average daily volume of 66,397 shares. The stock had previously closed at C$6.83.

Several brokerages recently weighed in on FRII. Jefferies Group set a C$7.00 price target on Freshii in a research note on Friday, December 22nd. National Bank Financial reduced their price target on Freshii from C$12.00 to C$10.00 and set an “outperform” rating on the stock in a research note on Friday, November 3rd. Six equities research analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and a consensus target price of C$12.57.

The stock has a market cap of $172.34 and a P/E ratio of -62.09.

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Freshii Company Profile

Freshii Inc develops, franchises, and operates quick-serve restaurants primarily in Canada and the United States. Its restaurants offer salads, bowls, burritos, wraps, soups, juices, smoothies, and frozen yogurt. As of December 25, 2016, the company operated 278 restaurants in 15 countries. Freshii Inc was founded in 2005 and is headquartered in Toronto, Canada.

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