Ceres Global (TSE:CRP) Trading 142.6% Higher – Still a Buy?

Ceres Global Ag Corp. (TSE:CRPGet Free Report) was up 142.6% on Tuesday . The stock traded as high as C$6.26 and last traded at C$6.04. Approximately 1,426,262 shares traded hands during trading, an increase of 4,730% from the average daily volume of 29,529 shares. The stock had previously closed at C$2.49.

Ceres Global Stock Up 142.6%

The company has a market capitalization of C$123.38 million, a price-to-earnings ratio of 24.69 and a beta of 0.22. The firm’s 50-day simple moving average is C$2.52 and its 200-day simple moving average is C$2.84. The company has a debt-to-equity ratio of 40.43, a quick ratio of 0.28 and a current ratio of 1.50.

About Ceres Global

(Get Free Report)

Ceres Global Ag Corp. engages in the procurement and provision of agricultural commodities and value-added products, industrial products, fertilizers, energy products, and supply chain logistics and storage services worldwide. The company operates through Grain, Supply Chain Services, and Seed and Processing segments.

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