Organto Foods (CVE:OGO) Shares Up 28.6% – Here’s Why

Organto Foods Inc. (CVE:OGOGet Free Report)’s stock price shot up 28.6% during trading on Friday . The stock traded as high as C$0.14 and last traded at C$0.14. 289,477 shares were traded during mid-day trading, an increase of 3% from the average session volume of 280,529 shares. The stock had previously closed at C$0.11.

Organto Foods Stock Performance

The stock has a 50 day simple moving average of C$0.07 and a 200 day simple moving average of 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$4.21 million, a price-to-earnings ratio of -0.34 and a beta of 0.39.

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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