Insider Buying: Organto Foods (CVE:OGO) Director Acquires 25,000 Shares of Stock

Organto Foods Inc. (CVE:OGO) Director Steven Robert Bromley purchased 25,000 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was purchased at an average price of C$0.70 per share, for a total transaction of C$17,500.00. Following the acquisition, the director owned 6,715,346 shares in the company, valued at approximately C$4,700,742.20. This trade represents a 0.37% increase in their ownership of the stock.

Organto Foods Price Performance

CVE OGO traded down C$0.03 during mid-day trading on Wednesday, hitting C$0.66. The stock had a trading volume of 11,200 shares, compared to its average volume of 69,587. Organto Foods Inc. has a 52-week low of C$0.41 and a 52-week high of C$1.15. The company has a market cap of C$125.13 million, a price-to-earnings ratio of -22.00 and a beta of 1.61. The company has a 50 day simple moving average of C$0.63 and a 200 day simple moving average of C$0.79. 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.

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.