Organto Foods (CVE:OGO) Sets New 12-Month High – Should You Buy?

Organto Foods Inc. (CVE:OGOGet Free Report) shares reached a new 52-week high on Monday . The stock traded as high as C$1.09 and last traded at C$1.06, with a volume of 127026 shares changing hands. The stock had previously closed at C$1.09.

Organto Foods Trading Down 4.6%

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. The stock’s 50 day simple moving average is C$0.79 and its two-hundred day simple moving average is C$0.69. The stock has a market capitalization of C$188.76 million, a PE ratio of -6.93 and a beta of 0.50.

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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