Atrium Research Predicts Reduced Earnings for Organto Foods

Organto Foods Inc. (CVE:OGOFree Report) – Research analysts at Atrium Research decreased their FY2027 earnings per share estimates for Organto Foods in a note issued to investors on Wednesday, August 12th. Atrium Research analyst N. Cortellucci now expects that the company will earn $0.02 per share for the year, down from their previous estimate of $0.03. The consensus estimate for Organto Foods’ current full-year earnings is ($0.03) per share.

Organto Foods Stock Performance

Shares of OGO opened at C$0.69 on Friday. The company has a quick ratio of 1.14, a current ratio of 0.66 and a debt-to-equity ratio of 7,545.02. Organto Foods has a 52-week low of C$0.41 and a 52-week high of C$1.15. The company has a 50-day simple moving average of C$0.64 and a 200-day simple moving average of C$0.80. The company has a market capitalization of C$130.82 million, a PE ratio of -5.31 and a beta of 1.61.

Organto Foods Company Profile

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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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