Key Points
- Director Steven Robert Bromley purchased 25,000 Organto Foods shares at an average price of C$0.70, investing C$17,500 and increasing his stake by 0.37%.
- After the transaction, Bromley directly owned 6.72 million shares valued at approximately C$4.70 million.
- Organto Foods shares opened at C$0.67, with the stock trading between C$0.41 and C$1.15 over the past year; the company has a market capitalization of about C$127 million and a highly elevated debt-to-equity ratio of 7,545.02.
Organto Foods Inc. (CVE:OGO - Get Free Report) Director Steven Robert Bromley acquired 25,000 shares of the stock in a transaction on Monday, August 17th. The shares were acquired at an average cost of C$0.70 per share, for a total transaction of C$17,500.00. Following the completion of the transaction, the director directly owned 6,715,346 shares in the company, valued at C$4,700,742.20. The trade was a 0.37% increase in their position.
Organto Foods Price Performance
Shares of OGO opened at C$0.67 on Thursday. The company has a debt-to-equity ratio of 7,545.02, a quick ratio of 1.14 and a current ratio of 0.66. Organto Foods Inc. has a fifty-two week low of C$0.41 and a fifty-two week high of C$1.15. The firm 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 market capitalization of C$127.03 million, a price-to-earnings ratio of -22.33 and a beta of 1.61.
Organto Foods Company Profile
(
Get Free Report)
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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