Organto Foods (CVE:OGO) Trading Down 2.2% – Here’s What Happened

Organto Foods Inc. (CVE:OGOGet Free Report) was down 2.2% during mid-day trading on Thursday . The stock traded as low as C$0.42 and last traded at C$0.44. Approximately 86,214 shares were traded during 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 Down 2.2%

The firm has a market capitalization of C$83.49 million, a price-to-earnings ratio of -14.67 and a beta of 1.20. The company has a debt-to-equity ratio of 7,545.02, a quick ratio of 1.14 and a current ratio of 0.66. The business’s 50 day moving average is C$0.59 and its 200-day moving average is C$0.74.

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.

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