Organto Foods (CVE:OGO) Trading Down 2.2% – What’s Next?

Organto Foods Inc. (CVE:OGOGet Free Report) shares were down 2.2% during trading on Thursday . The company traded as low as C$0.42 and last traded at C$0.44. Approximately 86,214 shares traded hands during mid-day trading, an increase of 29% from the average session volume of 67,030 shares. The stock had previously closed at C$0.45.

Organto Foods Stock Performance

The company has a market capitalization of C$88.23 million, a PE ratio of -15.50 and a beta of 1.20. The firm has a 50-day moving average of C$0.59 and a two-hundred day moving average of C$0.74. The company has a quick ratio of 1.14, a current ratio of 0.66 and a debt-to-equity ratio of 7,545.02.

Organto Foods Company Profile

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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. It offers its products through bricks & mortar retail, online retail, convenience and on-the-go, and foodservice distributors.

Further Reading

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