Organto Foods (CVE:OGO) Shares Up 18.5% – Here’s Why

Organto Foods Inc. (CVE:OGOGet Free Report)’s share price shot up 18.5% on Wednesday . The stock traded as high as C$0.16 and last traded at C$0.16. 118,000 shares were traded during trading, a decline of 47% from the average session volume of 222,515 shares. The stock had previously closed at C$0.14.

Organto Foods Trading Down 3.6 %

The company’s fifty day moving average price is C$0.08 and its two-hundred day moving average price is C$0.07. The company has a quick ratio of 1.14, a current ratio of 0.66 and a debt-to-equity ratio of 7,545.02. The company has a market cap of C$4.94 million, a price-to-earnings ratio of -0.40 and a beta of 0.39.

Organto Foods Company Profile

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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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