Organto Foods (CVE:OGO) Stock Price Up 66.7% – Still a Buy?

Shares of Organto Foods Inc. (CVE:OGOGet Free Report) were up 66.7% on Wednesday . The company traded as high as C$0.14 and last traded at C$0.10. Approximately 550,200 shares traded hands during trading, an increase of 2,722% from the average daily volume of 19,498 shares. The stock had previously closed at C$0.06.

Organto Foods Stock Performance

The firm has a market capitalization of C$3.30 million, a price-to-earnings ratio of -0.26 and a beta of 0.39. The company has a debt-to-equity ratio of 7,545.02, a current ratio of 0.66 and a quick ratio of 1.14. The firm’s fifty day moving average is C$0.06 and its 200 day moving average is 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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