Organto Foods (CVE:OGO) Trading 19.5% Higher – Here’s Why

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

Organto Foods Trading Up 19.5%

The stock has a 50-day moving average of C$0.30 and a 200 day moving average of C$0.16. 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$17.94 million, a PE ratio of -1.44 and a beta of 0.39.

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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