Organto Foods (CVE:OGO) Sets New 52-Week High – Still a Buy?

Organto Foods Inc. (CVE:OGOGet Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as C$0.25 and last traded at C$0.22, with a volume of 68650 shares trading hands. The stock had previously closed at C$0.17.

Organto Foods Trading Up 33.3 %

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. The company has a market cap of C$8.06 million, a price-to-earnings ratio of -0.65 and a beta of 0.39. The firm has a 50 day moving average price of C$0.09 and a two-hundred day moving average price of C$0.07.

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.

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