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

Organto Foods Inc. (CVE:OGO – Get Free Report) hit a new 52-week low on Thursday. The company traded as low as C$0.30 and last traded at C$0.30, with a volume of 10,010 shares traded. The stock had previously closed at C$0.31.

Organto Foods Price Performance

The firm has a market cap of C$58.82 million, a price-to-earnings ratio of -10.33 and a beta of 0.82. The firm has a fifty day simple moving average of C$0.41 and a 200-day simple moving average of C$0.69. 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. It offers its products through bricks & mortar retail, online retail, convenience and on-the-go, and foodservice distributors.

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