Ceres Global (TSE:CRP) Stock Passes Above 50 Day Moving Average – Should You Sell?

Ceres Global Ag Corp. (TSE:CRPGet Free Report)’s share price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$3.20 and traded as high as C$3.29. Ceres Global shares last traded at C$3.23, with a volume of 3,089 shares traded.

Ceres Global Stock Performance

The company has a debt-to-equity ratio of 38.49, a current ratio of 1.92 and a quick ratio of 0.28. The stock has a 50-day moving average price of C$3.20 and a 200 day moving average price of C$3.02. The company has a market cap of C$100.49 million, a price-to-earnings ratio of 8.28 and a beta of 0.22.

About Ceres Global

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Ceres Global Ag Corp. engages in the procurement and provision of agricultural commodities and value-added products, industrial products, fertilizers, energy products, and supply chain logistics and storage services worldwide. The company operates through Grain, Supply Chain Services, and Seed and Processing segments.

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