Organto Foods (CVE:OGO) Shares Up 50% – Still a Buy?

Shares of Organto Foods Inc. (CVE:OGOGet Free Report) were up 50% 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 Price Performance

The company has a market capitalization of C$4.21 million, a PE ratio of -0.34 and a beta of 0.39. The stock has a 50 day moving average price of C$0.07 and a two-hundred day moving average price of C$0.07. 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.

Organto Foods Company Profile

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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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