Organto Foods (CVE:OGO) Reaches New 12-Month Low – Should You Sell?

Shares of Organto Foods Inc. (CVE:OGO – Get Free Report) reached a new 52-week low 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 trading hands. The stock had previously closed at C$0.40.

Organto Foods Price Performance

The company 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’s fifty day simple moving average is C$0.52 and its two-hundred day simple moving average is C$0.65. The company has a debt-to-equity ratio of 7,545.02, a current ratio of 0.66 and a quick ratio of 1.14.

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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