Organto Foods FY2027 EPS Estimate Boosted by Atrium Research

Organto Foods Inc. (CVE:OGO) – Equities researchers at Atrium Research boosted their FY2027 earnings per share estimates for Organto Foods in a research note issued on Wednesday, May 27th. Atrium Research analyst N. Cortellucci now forecasts that the company will post earnings of $0.03 per share for the year, up from their prior forecast of $0.02. The consensus estimate for Organto Foods’ current full-year earnings is ($0.03) per share.

Organto Foods Stock Up 1.3%

Shares of Organto Foods stock opened at C$0.80 on Thursday. The stock’s fifty day moving average is C$0.80 and its 200-day moving average is C$0.83. The firm has a market capitalization of C$151.62 million, a PE ratio of -5.71 and a beta of 1.66. 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 has a 12-month low of C$0.26 and a 12-month high of C$1.15.

Insider Activity

In other news, Director Peter Lawrence Gianulis sold 105,000 shares of the business’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of C$0.77, for a total transaction of C$80,850.00. Following the sale, the director directly owned 102,823 shares of the company’s stock, valued at C$79,173.71. The trade was a 50.52% decrease in their ownership of the stock. 32.36% of the stock is owned by company insiders.

About Organto Foods

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.