Organto Foods Inc. (CVE:OGO – Get Free Report) shares shot up 15.2% during mid-day trading on Thursday. The stock traded as high as C$0.38 and last traded at C$0.38. 172,350 shares changed hands during mid-day trading, an increase of 168% from the average daily volume of 64,279 shares. The stock had previously closed at C$0.33.
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 fifty day simple moving average of C$0.50 and a 200 day simple moving average of C$0.63. The stock has a market capitalization of C$72.10 million, a P/E ratio of -12.67 and a beta of 1.27.
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. It offers its products through bricks & mortar retail, online retail, convenience and on-the-go, and foodservice distributors.
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