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

by · The Cerbat Gem

Organto Foods Inc. (CVE:OGO – Get Free Report) shares shot up 28.6% during trading on Friday . The company traded as high as C$0.14 and last traded at C$0.14. 289,477 shares traded hands 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 company has a current ratio of 0.66, a quick ratio of 1.14 and a debt-to-equity ratio of 7,545.02. 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 market capitalization of C$4.21 million, a price-to-earnings ratio of -0.34 and a beta of 0.39.

About Organto Foods

(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.

See Also