Organto Foods (CVE:OGO) Shares Down 2.4% – Time to Sell?

Organto Foods Inc. (CVE:OGO)’s share price fell 2.4% during mid-day trading on Monday . The company traded as low as C$0.82 and last traded at C$0.83. 47,510 shares changed hands during mid-day trading, a decline of 63% from the average session volume of 129,605 shares. The stock had previously closed at C$0.85.

Organto Foods Stock Up 2.5%

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 firm has a market cap of C$148.83 million, a price-to-earnings ratio of -5.47 and a beta of 1.62. The firm has a 50 day moving average price of C$0.97 and a 200-day moving average price of C$0.79.

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.