Organto Foods (CVE:OGO) Trading 50% Higher – Time to Buy?

Organto Foods Inc. (CVE:OGOGet Free Report)’s stock price traded up 50% on Thursday . The stock traded as high as C$0.14 and last traded at C$0.09. 558,200 shares were traded during trading, an increase of 2,763% from the average session volume of 19,498 shares. The stock had previously closed at C$0.06.

Organto Foods Trading Up 50.0 %

The company has a market capitalization of C$3.30 million, a price-to-earnings ratio of -0.26 and a beta of 0.39. 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 business’s 50-day simple moving average is C$0.06 and its 200-day simple moving average is C$0.07.

About Organto Foods

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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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