FTI Foodtech International (CVE:FTI) Stock Price Down 4.3% – Here’s Why

FTI Foodtech International Inc. (CVE:FTIGet Free Report) fell 4.3% during trading on Thursday . The stock traded as low as C$0.10 and last traded at C$0.11. 25,000 shares were traded during mid-day trading, a decline of 27% from the average session volume of 34,295 shares. The stock had previously closed at C$0.12.

FTI Foodtech International Trading Down 4.3 %

The stock has a 50-day moving average price of C$0.13 and a two-hundred day moving average price of C$0.07. The stock has a market capitalization of C$1.65 million, a PE ratio of -2.50 and a beta of 0.55. The company has a debt-to-equity ratio of 447.91, a quick ratio of 17.41 and a current ratio of 4.70.

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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