Ceres Global (TSE:CRP) Trading Up 142.6% – Time to Buy?

Ceres Global Ag Corp. (TSE:CRPGet Free Report)’s stock price shot up 142.6% on Wednesday . The stock traded as high as C$6.26 and last traded at C$6.04. 1,426,262 shares were traded during mid-day trading, an increase of 4,730% from the average session volume of 29,529 shares. The stock had previously closed at C$2.49.

Ceres Global Stock Up 142.6%

The company has a debt-to-equity ratio of 40.43, a quick ratio of 0.28 and a current ratio of 1.50. The firm’s 50 day moving average price is C$2.59 and its two-hundred day moving average price is C$2.86. The company has a market cap of C$123.38 million, a P/E ratio of 24.69 and a beta of 0.22.

Ceres Global Company Profile

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Ceres Global Ag Corp. engages in the procurement and provision of agricultural commodities and value-added products, industrial products, fertilizers, energy products, and supply chain logistics and storage services worldwide. The company operates through Grain, Supply Chain Services, and Seed and Processing segments.

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