Atrium Research upgraded shares of Organto Foods (CVE:OGO – Free Report) to a strong-buy rating in a research note published on Tuesday morning,Zacks.com reports.
Organto Foods Price Performance
OGO stock opened at C$0.59 on Tuesday. The company has a current ratio of 0.66, a quick ratio of 1.14 and a debt-to-equity ratio of 7,545.02. The company has a market capitalization of C$95.99 million, a PE ratio of -3.11 and a beta of -1.05. Organto Foods has a 12-month low of C$0.07 and a 12-month high of C$0.75. The business’s fifty day moving average price is C$0.66 and its 200 day moving average price is C$0.43.
Insiders Place Their Bets
In related news, Director Javier Reyes purchased 100,000 shares of the business’s stock in a transaction on Thursday, July 31st. The shares were bought at an average price of C$0.57 per share, for a total transaction of C$57,360.00. 32.36% of the stock is currently owned by company insiders.
About Organto Foods
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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