Organto Foods (CVE:OGO) Trading Up 50% – Time to Buy?

Shares of Organto Foods Inc. (CVE:OGOGet Free Report) rose 50% on Thursday . 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 Trading Up 9.5 %

The stock has a market capitalization of C$4.21 million, a price-to-earnings ratio of -0.34 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. The company has a fifty day moving average of C$0.07 and a two-hundred day moving average of C$0.07.

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.

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