Organto Foods (CVE:OGO) Shares Up 58.3% – What’s Next?

Organto Foods Inc. (CVE:OGO)’s stock price traded up 58.3% during mid-day trading on Wednesday . The stock traded as high as C$0.10 and last traded at C$0.10. 90,500 shares changed hands during mid-day trading, an increase of 364% from the average session volume of 19,498 shares. The stock had previously closed at C$0.06.

Organto Foods Trading Up 50.0 %

The stock has a 50 day moving average of C$0.06 and a 200 day moving average of C$0.07. 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 firm has a market cap of C$3.30 million, a P/E ratio of -0.26 and a beta of 0.39.

Organto Foods Company Profile

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.