FTI Foodtech International (CVE:FTI) Trading 8.1% Higher – Here’s What Happened

FTI Foodtech International Inc. (CVE:FTIGet Free Report) rose 8.1% on Friday . The stock traded as high as C$0.21 and last traded at C$0.20. Approximately 13,000 shares changed hands during 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 Up 8.1 %

The business has a 50-day simple moving average of C$0.19 and a 200-day simple moving average of C$0.13. 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 company has a market cap of C$2.99 million, a price-to-earnings ratio of -2.50 and a beta of 0.55.

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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