Organto Foods (CVE:OGO) Trading Down 14.8% – What’s Next?

Organto Foods Inc. (CVE:OGOGet Free Report)’s share price was down 14.8% on Saturday . The stock traded as low as C$0.26 and last traded at C$0.26. Approximately 795,920 shares changed hands during trading, an increase of 493% from the average daily volume of 134,141 shares. The stock had previously closed at C$0.31.

Organto Foods Stock Down 14.8%

The company’s 50 day moving average price is C$0.25 and its two-hundred day moving average price is C$0.14. The firm has a market cap of C$9.52 million, a PE ratio of -0.76 and a beta of 0.39. The company has a current ratio of 0.66, a quick ratio of 1.14 and a debt-to-equity ratio of 7,545.02.

About Organto Foods

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Organto Foods Inc engages in the sourcing, processing, packaging, distribution, and marketing of organic and value-added fruit, and vegetable products. The company's products include vegetable and fruit products comprising asparagus, avocado, blueberries, ginger, herbs, mango, limes, raspberries, snow peas, sugar snaps, fine green beans, and other products under the I AM Organic, Awesome, Fresh Organic Choice brands.

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