Organto Foods (CVE:OGO) Shares Up 23.8% – Should You Buy?

Organto Foods Inc. (CVE:OGOGet Free Report)’s share price shot up 23.8% on Friday . The company traded as high as C$0.13 and last traded at C$0.13. 173,477 shares were traded during trading, a decline of 16% from the average session volume of 205,938 shares. The stock had previously closed at C$0.11.

Organto Foods Price Performance

The company has a current ratio of 0.66, a quick ratio of 1.14 and a debt-to-equity ratio of 7,545.02. The business has a 50-day moving average price of C$0.07 and a two-hundred day moving average price of C$0.07. The firm has a market capitalization of C$4.21 million, a price-to-earnings ratio of -0.34 and a beta of 0.39.

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.

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