Organto Foods (CVE:OGO) Trading 50% Higher – Here’s Why

Organto Foods Inc. (CVE:OGO) shares traded up 50% on Wednesday . The company traded as high as C$0.14 and last traded at C$0.09. 558,200 shares changed hands during mid-day 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 Price Performance

The stock has a 50 day moving average of C$0.06 and a two-hundred day moving average of C$0.07. The stock has a market cap of C$3.30 million, a PE ratio of -0.26 and a beta of 0.39. The company has a debt-to-equity ratio of 7,545.02, a quick ratio of 1.14 and a current ratio of 0.66.

About Organto Foods

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.