FTI Foodtech International (CVE:FTI) Stock Price Up 8.1% – Still a Buy?

FTI Foodtech International Inc. (CVE:FTIGet Free Report)’s stock price rose 8.1% during trading on Friday . The stock traded as high as C$0.21 and last traded at C$0.20. Approximately 13,000 shares traded hands during mid-day trading, a decline of 44% from the average daily volume of 23,420 shares. The stock had previously closed at C$0.19.

FTI Foodtech International Stock Performance

The company has a debt-to-equity ratio of 447.91, a quick ratio of 17.41 and a current ratio of 4.70. The firm has a market cap of C$2.99 million, a P/E ratio of -2.50 and a beta of 0.55. The firm’s fifty day moving average price is C$0.19 and its 200 day moving average price is C$0.13.

About FTI Foodtech International

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FTI Foodtech International Inc engages in the resale of liquidation merchandise in Canada. The company exchanges goods on barter exchanges for which transactions are tendered using barter exchange dollars. It also engages in the surplus goods business; and provides a variety of products, including disposable and fabric face masks, face shields, gloves, hand sanitizer, and thermometers through online.

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