Organto Foods (CVE:OGO) Shares Up 19.5% – Still a Buy?

Organto Foods Inc. (CVE:OGOGet Free Report) was up 19.5% on Thursday . The stock traded as high as C$0.57 and last traded at C$0.49. Approximately 187,908 shares were traded 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 Stock Up 19.5%

The firm has a 50-day moving average price of C$0.30 and a two-hundred day moving average price of C$0.16. The firm has a market cap of C$17.94 million, a price-to-earnings ratio of -1.44 and a beta of 0.39. The company has a debt-to-equity ratio of 7,545.02, a quick ratio of 1.14 and a current ratio of 0.66.

About Organto Foods

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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.

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