Organto Foods Inc. (CVE:OGO – Get Free Report) shares rose 50% during mid-day trading on Thursday . The stock traded as high as C$0.14 and last traded at C$0.09. Approximately 558,200 shares traded hands 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 Stock Performance
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. The company has a 50 day simple moving average of C$0.07 and a 200-day simple moving average of C$0.07. The stock 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
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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