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

Organto Foods Inc. (CVE:OGOGet Free Report) was up 50% during mid-day trading on Wednesday . The stock traded as high as C$0.10 and last traded at C$0.09. Approximately 240,500 shares changed hands during mid-day trading, an increase of 1,133% from the average daily volume of 19,498 shares. The stock had previously closed at C$0.06.

Organto Foods Stock Performance

The firm’s fifty day moving average price is C$0.06 and its 200-day moving average price is C$0.07. The company has a market cap of C$5.13 million, a P/E ratio of -0.41 and a beta of 0.39. The company has a current ratio of 0.66, a quick ratio of 1.14 and a debt-to-equity ratio of 7,545.02.

Organto Foods Company Profile

(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

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