Organto Foods (CVE:OGO) Trading Up 19.5% – What’s Next?

Organto Foods Inc. (CVE:OGOGet Free Report) was up 19.5% during trading on Thursday . The company traded as high as C$0.57 and last traded at C$0.49. Approximately 187,908 shares traded hands during trading, an increase of 47% from the average daily volume of 127,876 shares. The stock had previously closed at C$0.41.

Organto Foods Price Performance

The stock has a market capitalization of C$17.94 million, a price-to-earnings ratio of -1.44 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 stock has a 50-day simple moving average of C$0.30 and a 200 day simple moving average of C$0.16.

About Organto Foods

(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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