Organto Foods (CVE:OGO) Stock Price Down 2% – Time to Sell?

Organto Foods Inc. (CVE:OGOGet Free Report)’s share price was down 2% on Friday . The stock traded as low as C$0.98 and last traded at C$0.98. Approximately 20,452 shares traded hands during mid-day trading, a decline of 86% from the average daily volume of 147,316 shares. The stock had previously closed at C$1.00.

Organto Foods Trading Down 2.0%

The stock has a market cap of C$177.87 million, a PE ratio of -6.53 and a beta of 1.10. The company has a debt-to-equity ratio of 7,545.02, a quick ratio of 1.14 and a current ratio of 0.66. The company’s 50-day moving average price is C$0.96 and its 200 day moving average price is C$0.77.

About Organto Foods

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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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