Organto Foods (CVE:OGO) Trading Up 23.8% – Time to Buy?

by · The Cerbat Gem

Organto Foods Inc. (CVE:OGO – Get Free Report) shot up 23.8% during trading on Friday . The stock traded as high as C$0.14 and last traded at C$0.13. 314,477 shares were traded during trading, an increase of 7% from the average session volume of 293,029 shares. The stock had previously closed at C$0.11.

Organto Foods Price Performance

The firm has a market cap of C$4.21 million, a P/E ratio of -0.34 and a beta of 0.39. 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 stock’s 50-day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.07.

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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