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

Organto Foods Inc. (CVE:OGOGet Free Report) shares shot 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 Stock Performance

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 has a market capitalization of C$4.21 million, a PE ratio of -0.34 and a beta of 0.39. The firm’s 50 day moving average is C$0.07 and its two-hundred day 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.

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