FTI Foodtech International (CVE:FTI) Reaches New 12-Month High – Here’s What Happened

Shares of FTI Foodtech International Inc. (CVE:FTIGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$0.09 and last traded at C$0.09, with a volume of 75000 shares trading hands. The stock had previously closed at C$0.06.

FTI Foodtech International Trading Up 50.0 %

The company has a debt-to-equity ratio of 447.91, a quick ratio of 17.41 and a current ratio of 4.70. The business has a fifty day simple moving average of C$0.03 and a 200 day simple moving average of C$0.03. The stock has a market cap of C$1.35 million, a price-to-earnings ratio of -2.50 and a beta of 0.55.

FTI Foodtech International Company Profile

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FTI Foodtech International Inc engages in the resale of liquidation merchandise in Canada. The company exchanges goods on barter exchanges for which transactions are tendered using barter exchange dollars. It also engages in the surplus goods business; and provides a variety of products, including disposable and fabric face masks, face shields, gloves, hand sanitizer, and thermometers through online.

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