Organto Foods (CVE:OGO) Shares Up 15.2% – What’s Next?

Organto Foods Inc. (CVE:OGO – Get Free Report)’s stock price shot up 15.2% during mid-day trading on Thursday. The company traded as high as C$0.38 and last traded at C$0.38. Approximately 172,350 shares were traded during trading, an increase of 168% from the average session volume of 64,279 shares. The stock had previously closed at C$0.33.

Organto Foods Trading Down 3.9%

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 business’s 50-day moving average price is C$0.49 and its two-hundred day moving average price is C$0.63. The company has a market capitalization of C$69.26 million, a price-to-earnings ratio of -12.17 and a beta of 1.27.

Organto Foods Company Profile

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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. It offers its products through bricks & mortar retail, online retail, convenience and on-the-go, and foodservice distributors.

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