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

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

FTI Foodtech International Price Performance

The stock has a fifty day simple moving average of C$0.19 and a 200-day simple moving average of C$0.13. The company has a market capitalization of C$2.99 million, a PE ratio of -2.50 and a beta of 0.55. The company has a current ratio of 4.70, a quick ratio of 17.41 and a debt-to-equity ratio of 447.91.

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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