Ceres Global (TSE:CRP) Stock Price Up 143.8% – Still a Buy?

Shares of Ceres Global Ag Corp. (TSE:CRPGet Free Report) rose 143.8% during trading on Tuesday . The company traded as high as C$6.26 and last traded at C$6.07. Approximately 1,056,162 shares were traded during mid-day trading, an increase of 4,584% from the average daily volume of 22,546 shares. The stock had previously closed at C$2.49.

Ceres Global Price Performance

The company has a debt-to-equity ratio of 40.43, a quick ratio of 0.28 and a current ratio of 1.50. The firm has a market capitalization of C$123.38 million, a P/E ratio of 24.69 and a beta of 0.22. The stock’s 50 day simple moving average is C$2.52 and its 200 day simple moving average is C$2.84.

Ceres Global Company Profile

(Get Free Report)

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.

Further Reading

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