Organto Foods (CVE:OGO) Stock Price Down 4.8% – Here’s Why
by Teresa Graham · The Cerbat GemOrganto Foods Inc. (CVE:OGO – Get Free Report)’s stock price fell 4.8% during mid-day trading on Thursday. The stock traded as low as C$0.40 and last traded at C$0.40. 23,192 shares changed hands during mid-day trading, a decline of 64% from the average daily volume of 63,916 shares. The stock had previously closed at C$0.42.
Organto Foods Price Performance
The company has a market capitalization of C$75.90 million, a price-to-earnings ratio of -13.33 and a beta of 1.27. The company has a debt-to-equity ratio of 7,545.02, a current ratio of 0.66 and a quick ratio of 1.14. The business has a fifty day moving average price of C$0.52 and a 200 day moving average price of C$0.65.
Organto Foods Company Profile
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.