Freshii Inc (TSE:FRII)’s share price was down 3.1% during mid-day trading on Friday . The stock traded as low as C$7.22 and last traded at C$7.29. Approximately 31,921 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 80,427 shares. The stock had previously closed at C$7.52.

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

The stock has a market cap of $183.41 and a P/E ratio of -66.27.

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About Freshii

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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