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

Shares of Organto Foods Inc. (CVE:OGOGet Free Report) fell 14.8% on Saturday . The stock traded as low as C$0.26 and last traded at C$0.26. 795,920 shares changed hands during mid-day 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 Stock Performance

The company has a current ratio of 0.66, a quick ratio of 1.14 and a debt-to-equity ratio of 7,545.02. 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. The firm has a 50-day simple moving average of C$0.25 and a two-hundred day simple moving average of C$0.14.

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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