Organto Foods (CVE:OGO) Sets New 1-Year Low – What’s Next?

Shares of Organto Foods Inc. (CVE:OGO – Get Free Report) hit a new 52-week low during trading on Thursday . The company traded as low as C$0.41 and last traded at C$0.41, with a volume of 73774 shares. The stock had previously closed at C$0.43.

Organto Foods Trading Down 4.6%

The firm has a market capitalization of C$78.75 million, a P/E ratio of -13.83 and a beta of 1.20. 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. The stock has a 50 day simple moving average of C$0.56 and a 200-day simple moving average of C$0.70.

Organto Foods Company Profile

(Get Free Report)

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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