Organto Foods (CVE:OGO) Shares Up 23.8% – Still a Buy?

Shares of Organto Foods Inc. (CVE:OGOGet Free Report) traded up 23.8% during trading on Friday . The stock traded as high as C$0.13 and last traded at C$0.13. 211,477 shares changed hands during mid-day trading, a decline of 11% from the average session volume of 236,528 shares. The stock had previously closed at C$0.11.

Organto Foods Trading Up 23.8 %

The stock’s 50 day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.07. The stock has a market capitalization of C$4.76 million, a PE ratio of -0.38 and a beta of 0.39. 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.

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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