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

Shares of Organto Foods Inc. (CVE:OGOGet Free Report) were up 58.3% during trading on Wednesday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 90,500 shares traded hands during mid-day trading, an increase of 364% from the average daily volume of 19,498 shares. The stock had previously closed at C$0.06.

Organto Foods Price Performance

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. The stock has a market cap of C$3.85 million, a price-to-earnings ratio of -0.31 and a beta of 0.39. The business’s fifty day simple moving average is C$0.07 and its 200 day simple moving average is C$0.07.

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.

Further Reading

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