Organto Foods (CVE:OGO) Hits New 52-Week Low – Here’s Why

Shares of Organto Foods Inc. (CVE:OGO – Get Free Report) hit a new 52-week low during trading on Friday. The stock traded as low as C$0.39 and last traded at C$0.40, with a volume of 16,580 shares traded. The stock had previously closed at C$0.40.

Organto Foods Price Performance

The firm has a market capitalization of C$75.90 million, a price-to-earnings ratio of -13.33 and a beta of 1.27. The stock has a 50 day moving average of C$0.52 and a 200 day moving average of C$0.65. 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 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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