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

Organto Foods Inc. (CVE:OGOGet Free Report) dropped 2% on Friday . The company traded as low as C$0.98 and last traded at C$0.98. Approximately 20,452 shares changed hands during 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 Stock Performance

The stock has a market capitalization of C$177.87 million, a PE ratio of -6.53 and a beta of 1.10. The firm’s fifty day moving average is C$0.96 and its 200-day moving average is C$0.77. 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.

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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