Organto Foods (CVE:OGO) Trading 50% Higher – Here’s Why

Organto Foods Inc. (CVE:OGOGet Free Report)’s stock price was up 50% 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 Trading Up 9.5 %

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. The stock has a market cap of C$4.21 million, a P/E 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 200-day moving average price of 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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