Ceres Global (TSE:CRP) Trading Up 142.6% – Here’s Why

Shares of Ceres Global Ag Corp. (TSE:CRPGet Free Report) rose 142.6% during trading on Wednesday . The company 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 Price Performance

The business’s 50-day simple moving average is C$2.59 and its 200 day simple moving average is C$2.86. The company has a market capitalization of C$123.38 million, a P/E ratio of 24.69 and a beta of 0.22. The company has a current ratio of 1.50, a quick ratio of 0.28 and a debt-to-equity ratio of 40.43.

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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