FTI Foodtech International (CVE:FTI) Trading Down 4.3% – What’s Next?

FTI Foodtech International Inc. (CVE:FTI) was down 4.3% during mid-day trading on Thursday . The company traded as low as C$0.10 and last traded at C$0.11. Approximately 25,000 shares traded hands during trading, a decline of 27% from the average daily volume of 34,295 shares. The stock had previously closed at C$0.12.

FTI Foodtech International Price Performance

The company has a debt-to-equity ratio of 447.91, a current ratio of 4.70 and a quick ratio of 17.41. The business’s 50 day moving average price is C$0.13 and its 200 day moving average price is C$0.07. The stock has a market capitalization of C$1.65 million, a P/E ratio of -2.50 and a beta of 0.55.

About FTI Foodtech International

FTI Foodtech International Inc engages in the resale of liquidation merchandise in Canada. The company exchanges goods on barter exchanges for which transactions are tendered using barter exchange dollars. It also engages in the surplus goods business; and provides a variety of products, including disposable and fabric face masks, face shields, gloves, hand sanitizer, and thermometers through online.