Organto Foods (CVE:OGO) Shares Down 2.4% - What's Next?

Key Points

• Organto Foods shares fell 2.4% on Monday to C$0.83 (intraday low C$0.82) on just 47,510 shares traded, roughly 63% below its average session volume.
• The company has a market cap of C$150.64M and a negative P/E of -5.53, with concerning liquidity and leverage metrics — notably a debt-to-equity ratio of 7,545.02 and a current ratio of 0.66.
• Organto Foods sources, processes and markets organic fruits and vegetables (brands include I AM Organic and Fresh Organic Choice) across retail, online and foodservice channels.

Organto Foods Inc. (CVE:OGO - ) fell 2.4% on Monday . The company traded as low as C$0.82 and last traded at C$0.83. 47,510 shares traded hands during trading, a decline of 63% from the average session volume of 129,605 shares. The stock had previously closed at C$0.85.

Organto Foods Stock Performance

The company has a market cap of C$150.64 million, a P/E ratio of -5.53 and a beta of 1.62. 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. The stock has a 50 day moving average price of C$0.97 and a two-hundred day moving average price of C$0.78.

About Organto Foods

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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