Organto Foods (CVE:OGO) Shares Up 50% – Here’s Why

Organto Foods Inc. (CVE:OGOGet Free Report) shares were up 50% during mid-day trading on Wednesday . The stock traded as high as C$0.14 and last traded at C$0.09. Approximately 558,200 shares changed 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 50.0 %

The company has a quick ratio of 1.14, a current ratio of 0.66 and a debt-to-equity ratio of 7,545.02. The company has a market capitalization of C$3.30 million, a P/E ratio of -0.26 and a beta of 0.39. The business has a fifty day moving average price of C$0.06 and a 200 day moving average price of 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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