Organto Foods (CVE:OGO) Trading 50% Higher – Still a Buy?

Organto Foods Inc. (CVE:OGOGet Free Report) shares rose 50% during trading on Wednesday . The stock traded as high as C$0.10 and last traded at C$0.09. Approximately 125,500 shares were traded during trading, an increase of 544% from the average daily volume of 19,498 shares. The stock had previously closed at C$0.06.

Organto Foods Trading Up 83.3 %

The business has a fifty day moving average price of C$0.06 and a 200 day moving average price of C$0.07. The company has a debt-to-equity ratio of 7,545.02, a current ratio of 0.66 and a quick ratio of 1.14. The company has a market capitalization of C$4.03 million, a price-to-earnings ratio of -0.32 and a beta of 0.39.

Organto Foods Company Profile

(Get Free Report)

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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