Is BITE.CN stock a buy after the recent decline?

BITE.CN stock looks cheap on P/S and P/B, but negative EPS and low liquidity increase risk. Traders may consider a tactical oversold bounce trade; long-term buying needs clearer earnings recovery and volume improvement.

What is the short-term price target for BITE.CN stock?

Meyka AI's model projects a base-case target of **C$0.25**, implying **66.67%** upside from **C$0.15**. That target assumes renewed volume and improving cash flow; it is not a guarantee.

What are the main risks for BITE.CN stock investors?

Key risks for BITE.CN stock include continued negative EPS, thin average volume **11,659**, inventory days at **209.28**, and potential dilution from capital raises. Small market cap increases volatility.

How does BITE.CN stock compare to its sector?

BITE.CN stock trades far below the Consumer Defensive sector on price-to-sales (**0.49** vs sector **4.12**). That gap reflects either a recovery opportunity or structural challenges in the Packaged Foods segment.

CA Stocks

BITE.CN C$0.15 (06 Jan 2026 Market Hours): Oversold bounce near C$0.25 target

ByHuzaifa Zahoor January 7, 2026January 7, 2026

BITE.CN stock trades at C$0.15 on the CNQ in Canada on 06 Jan 2026, sitting close to its 52-week low after an 89.29% one-year decline. The immediate story is an oversold bounce setup: price is well below the 50-day average C$0.30 and the 200-day average C$0.64, with low volume at 5,000 shares. With negative EPS -0.48 and tight liquidity, short-term rebounds are possible but risky. We lay out valuation, technical triggers, and a model forecast to quantify upside and downside for active traders.