FTI Foodtech International (CVE:FTI) Stock Price Up 33.3% – Should You Buy?

FTI Foodtech International Inc. (CVE:FTIGet Free Report) shares shot up 33.3% on Wednesday . The stock traded as high as C$0.12 and last traded at C$0.12. 17,010 shares were traded during mid-day trading, a decline of 56% from the average session volume of 38,313 shares. The stock had previously closed at C$0.09.

FTI Foodtech International Stock Performance

The stock’s 50 day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.05. The company has a market capitalization of C$2.10 million, a P/E ratio of -2.50 and a beta of 0.55. The company has a debt-to-equity ratio of 447.91, a current ratio of 4.70 and a quick ratio of 17.41.

FTI Foodtech International Company Profile

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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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