Ceres Global (TSE:CRP) Trading 142.6% Higher – Should You Buy?

Ceres Global Ag Corp. (TSE:CRP) shares traded up 142.6% on Tuesday . The company traded as high as C$6.26 and last traded at C$6.04. 1,426,262 shares changed hands during 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 Price Performance

The stock has a market capitalization of C$123.38 million, a P/E ratio of 24.69 and a beta of 0.22. The company has a debt-to-equity ratio of 40.43, a current ratio of 1.50 and a quick ratio of 0.28. The company’s 50-day simple moving average is C$2.52 and its 200-day simple moving average is C$2.84.

About Ceres Global

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.