Organto Foods (CVE:OGO) Shares Down 14.8% – Here’s Why

Organto Foods Inc. (CVE:OGOGet Free Report) shares traded down 14.8% on Saturday . The company traded as low as C$0.26 and last traded at C$0.26. 795,920 shares were traded during trading, an increase of 493% from the average session volume of 134,141 shares. The stock had previously closed at C$0.31.

Organto Foods Trading Down 14.8%

The company has a debt-to-equity ratio of 7,545.02, a current ratio of 0.66 and a quick ratio of 1.14. The business’s 50-day moving average price is C$0.25 and its two-hundred day moving average price is C$0.14. The company has a market capitalization of C$9.52 million, a price-to-earnings ratio of -0.76 and a beta of 0.39.

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.

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