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

Organto Foods Inc. (CVE:OGOGet Free Report)’s stock price was up 50% during trading on Thursday . The stock traded as high as C$0.14 and last traded at C$0.09. Approximately 558,200 shares were traded during mid-day trading, an increase of 2,763% from the average daily volume of 19,498 shares. The stock had previously closed at C$0.06.

Organto Foods Trading Up 50.0 %

The company’s fifty day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.07. The company has a market capitalization of C$3.30 million, a price-to-earnings ratio of -0.26 and a beta of 0.39. 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.

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.

Further Reading

Receive News & Ratings for Organto Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Organto Foods and related companies with MarketBeat.com's FREE daily email newsletter.