Organto Foods (CVE:OGO) Stock Price Down 2.5% - Time to Sell?

Key Points

• Stock down 2.5% — Organto Foods fell to C$0.77 on Monday with 45,100 shares traded, about 60% below its average session volume.
• Key metrics show potential risk: market cap C$139.75 million, negative P/E (-5.13), 50-/200-day SMAs of C$0.91/C$0.80 and beta 1.62. The balance sheet signals stress with a debt-to-equity ratio of 7,545.02, a quick ratio of 1.14 and a current ratio of 0.66.
• Business profile — Organto sources, processes and markets organic fruits and vegetables (brands include I AM Organic, Awesome, Fresh Organic Choice) through retail, online and foodservice channels.

Organto Foods Inc. (CVE:OGO - )'s stock price fell 2.5% on Monday . The stock traded as low as C$0.77 and last traded at C$0.77. 45,100 shares were traded during mid-day trading, a decline of 60% from the average session volume of 111,586 shares. The stock had previously closed at C$0.79.

Organto Foods Stock Performance

The firm's 50 day simple moving average is C$0.91 and its 200 day simple moving average is C$0.80. The firm has a market capitalization of C$139.75 million, a price-to-earnings ratio of -5.13 and a beta of 1.62. 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.

Organto Foods Company Profile

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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