Organto Foods (CVE:OGO) Shares Down 4.9% – Should You Sell?

Organto Foods Inc. (CVE:OGOGet Free Report) shares dropped 4.9% during trading on Thursday . The stock traded as low as C$0.49 and last traded at C$0.49. Approximately 104,409 shares were traded during trading, a decline of 18% from the average daily volume of 126,838 shares. The stock had previously closed at C$0.51.

Organto Foods Price Performance

The stock has a market capitalization of C$17.76 million, a price-to-earnings ratio of -1.43 and a beta of 0.39. The company has a fifty day simple moving average of C$0.39 and a 200 day simple moving average of C$0.21. 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.

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.

Further Reading

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