TGIF.CN 1933 Industries (CNQ) falls 33.33% to CAD 0.01 on market hours: watch support and forecast
TGIF.CN stock fell 33.33% to C$0.01 during market hours on 24 Feb 2026, marking it among the top losers on the CNQ tape. Trading volume reached 76,200 shares versus an average of 507,692, signaling thin liquidity and heightened volatility. Investors reacted to weak microcap trading dynamics and mixed fundamentals in the healthcare cannabis segment. We examine price drivers, financial ratios, risks, and short-term levels to watch for TGIF.CN stock, plus Meyka AI model projections and an analyst-style price guide.
Price action and market context for TGIF.CN stock
TGIF.CN stock opened at C$0.015 and printed a day low of C$0.01 on 24 Feb 2026. The one-day decline of 33.33% widened the year-to-date move to -20.00%. Market cap stands at C$4,959,750.00 with 495,975,000.00 shares outstanding. One claim per fact: the stock’s low free float and low average daily volume amplify price moves.
Sector context matters. The company sits in Healthcare, Drug Manufacturers – Specialty & Generic. The Canadian healthcare sector shows muted YTD performance, which pressures small cannabis and CBD names like 1933 Industries Inc.
Fundamentals and valuation snapshot for 1933 Industries Inc. (TGIF.CN stock)
1933 Industries reports EPS of -0.02 and a trailing PE metric listed at -0.50, reflecting negative earnings per share on the full-quote summary. Price averages sit at C$0.01 (50-day average C$0.01, 200-day average C$0.01). Price-to-sales ratio is 0.28 and enterprise value to sales is 1.26, indicating low market pricing relative to revenue.
Working capital is negative and the current ratio is 0.90, which signals liquidity strain. Interest coverage is -11.16, raising financing risk for small-cap operations. These metrics explain why TGIF.CN stock trades as a speculative microcap.
Technicals, liquidity and trading cues for TGIF.CN stock
Technically, the stock shows oversold momentum metrics. RSI sits at 47.41 and the CCI reads -130.89, suggesting short-term oversold conditions. Average volume is 507,692.00 shares, while today’s volume was 76,200.00, giving a relative volume of 0.09.
Price support to watch is C$0.01 and resistance near C$0.015 and the year high C$0.02. Given low liquidity, traders should expect wide spreads and use small position sizes. Volume confirmation is required before acting on reversals in TGIF.CN stock.
Meyka AI rates TGIF.CN with a score out of 100 and technical analysis
Meyka AI rates TGIF.CN with a score out of 100: 72.44 (Grade B+, Suggestion: BUY). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. These grades are not guaranteed and are not financial advice.
Meyka AI’s technical read flags a strong ADX at 49.92, implying a trending move, and an MFI of 73.26, indicating heavy recent buying pressure on volume spikes. Investors should pair the grade with the liquidity and negative interest coverage risks noted earlier.
Catalysts, risks and why TGIF.CN stock appears on top losers lists
Catalysts that could move TGIF.CN stock include the upcoming earnings announcement on 2026-04-07, regulatory updates on CBD product approvals, and any funding or asset-sale news. One claim per sentence: low cash per share (0.00) raises refinancing risk.
Primary risks include negative interest coverage, negative shareholders’ equity per share, thin trading, and sector headwinds. These factors explain why TGIF.CN stock featured among top losers during market hours on 24 Feb 2026.
Price targets, forecasts and short-term strategy for TGIF.CN stock
Meyka AI’s forecast model projects a quarterly target of C$0.02 and a yearly projection of C$0.00794, relative to the current C$0.01 price. The quarterly target implies an upside of 100.00%, while the yearly projection implies a downside of -20.62%. Forecasts are model-based projections and not guarantees.
A practical trade plan: conservative price target C$0.02, stop-loss below C$0.008, and position sizing under 1.00% of a diversified portfolio for risk management. Use limit orders due to wide spreads. Monitor the earnings date and cash runway announcements.
Final Thoughts
TGIF.CN stock closed sharply lower on 24 Feb 2026 at C$0.01, down 33.33% during market hours, driven by low liquidity and persistent microcap risks. Fundamentals show negative EPS (-0.02), weak interest coverage (-11.16), and a sub-1.00 current ratio, all of which support a cautious view. Meyka AI’s model gives a mixed near-term reading: a quarterly projection at C$0.02 signals potential upside of 100.00%, while the one-year model at C$0.00794 indicates downside of -20.62% from today’s price. Meyka AI’s grade (Score 72.44, Grade B+, Suggestion BUY) highlights potential recovery scenarios, but investors must weigh that against tangible liquidity and debt signals. For traders, focus on clear volume confirmation before adding exposure. For longer-term investors, monitor the 2026-04-07 earnings date, balance-sheet improvements, and any capital raises. Forecasts are model-based and not guarantees. We recommend strict risk controls and small position sizes when trading TGIF.CN stock in the Canadian CNQ market.
FAQs
Why did TGIF.CN stock drop 33.33% on 24 Feb 2026?
The drop reflects thin liquidity, a large intraday sell imbalance, and weak microcap fundamentals. Low volume and a negative interest coverage ratio amplified selling pressure on TGIF.CN stock.
What are the key financial risks for 1933 Industries Inc. (TGIF.CN)?
Key risks include negative shareholders’ equity per share, current ratio of 0.90, interest coverage of -11.16, and limited cash per share. These raise refinancing and operational risks for TGIF.CN stock.
What price targets and forecasts exist for TGIF.CN stock?
Meyka AI projects a quarterly target of C$0.02 (+100.00%) and a one-year projection of C$0.00794 (-20.62%). These model forecasts are projections and not guarantees.
How should traders manage risk with TGIF.CN stock?
Use small position sizes, limit orders, a stop-loss near C$0.008, and watch for volume confirmation. Avoid large exposure given the stock’s thin average volume and high volatility.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.