Organto Foods (CVE:OGO) Shares Up 50% – What’s Next?

Organto Foods Inc. (CVE:OGOGet Free Report) shot up 50% on Thursday . The stock traded as high as C$0.14 and last traded at C$0.09. 558,200 shares changed hands during trading, an increase of 2,763% from the average session volume of 19,498 shares. The stock had previously closed at C$0.06.

Organto Foods Stock Performance

The company has a current ratio of 0.66, a quick ratio of 1.14 and a debt-to-equity ratio of 7,545.02. The stock has a market capitalization of C$4.21 million, a PE ratio of -0.34 and a beta of 0.39. The firm’s 50-day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.07.

About Organto Foods

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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.

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