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

Organto Foods Inc. (CVE:OGOGet Free Report) shares traded up 50% during trading on Thursday . The company traded as high as C$0.14 and last traded at C$0.09. 558,200 shares traded hands 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 Up 9.5 %

The firm’s 50-day simple moving average is C$0.07 and its 200 day simple moving average is C$0.07. 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 company has a market cap of C$4.21 million, a P/E ratio of -0.34 and a beta of 0.39.

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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