Organto Foods (CVE:OGO) Trading Up 50% – Still a Buy?

Organto Foods Inc. (CVE:OGOGet Free Report)’s stock price was up 50% during mid-day trading on Wednesday . The company 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 market capitalization of C$3.30 million, a PE 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 stock’s fifty day simple moving average is C$0.06 and its 200-day simple moving average is C$0.07.

About Organto Foods

(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.

Further Reading

Receive News & Ratings for Organto Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Organto Foods and related companies with MarketBeat.com's FREE daily email newsletter.