Organto Foods (CVE:OGO) Trading Down 22.8% – Should You Sell?

Shares of Organto Foods Inc. (CVE:OGOGet Free Report) fell 22.8% on Friday . The stock traded as low as C$0.88 and last traded at C$0.88. 179,435 shares traded hands during trading, an increase of 22% from the average session volume of 147,341 shares. The stock had previously closed at C$1.14.

Organto Foods Trading Down 22.8%

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. The company’s 50-day moving average is C$0.87 and its 200-day moving average is C$0.73. The stock has a market capitalization of C$159.72 million, a price-to-earnings ratio of -5.87 and a beta of 0.50.

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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