Organto Foods (CVE:OGO) Stock Price Up 8.7% – Still a Buy?

Organto Foods Inc. (CVE:OGOGet Free Report) shares were up 8.7% on Tuesday . The company traded as high as C$0.14 and last traded at C$0.13. Approximately 156,850 shares were traded during mid-day trading, a decline of 28% from the average daily volume of 218,444 shares. The stock had previously closed at C$0.12.

Organto Foods Stock Up 3.7 %

The stock has a fifty day moving average of C$0.07 and a two-hundred day moving average of C$0.07. 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 stock has a market cap of C$5.13 million, a price-to-earnings ratio of -0.41 and a beta of 0.39.

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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